Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 March 20, 2015 - 10:33 AM EDT
Print Email Article Font Down Font Up Charts

Golar Lng Ltd (GLNG) is Trading Lower on Unusual Volume for March 20

Golar Lng Ltd ($GLNG) experienced unusually high volume on Mar. 20, as the stock lost 1.59% to a closing price of $34.05. The stock saw 2.87 million shares trade hands over the course of the day on 13,229 trades. Given that the stock’s average daily volume over the last month has been 1.8 million shares a day, this represents a pretty substantial spike over the norm.

Golar Lng Ltd has a P/B ratio of 1.33. The stock has traded between $74.44 and $27.72 over the last 52-weeks, its 50-day SMA is now $31.26, and its 200-day SMA $47.75.

Golar LNG Ltd is a midstream LNG company engaged primarily in the transportation, regasification and liquefaction and trading of LNG. It is engaged in the acquisition, ownership, operation and chartering of LNG carriers.

Headquartered in Hamilton, BU, Golar Lng Ltd has 349 employees and is currently under the leadership of CEO Doug Arnell.

For a complete fundamental analysis of Golar Lng Ltd, check out equities.com’s E.V.A. report for GLNG.

THE IMPORTANCE OF THE RUSSELL 3000

The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.


Source: Equities.com News (March 20, 2015 - 10:33 AM EDT)

News by QuoteMedia
www.quotemedia.com