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Actionable news in GLNG: Golar LNG Limited,

Trade-Ideas: Golar LNG (GLNG) Is Today's "Dead Cat Bounce" Stock

Trade-Ideas LLC identified Golar LNG ( GLNG) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Golar LNG as such a stock due to the following factors:

  • GLNG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $53.4 million.
  • GLNG has traded 50,565 shares today.
  • GLNG is up 4.4% today.
  • GLNG was down 23.2% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in GLNG with the Ticky from Trade-Ideas. See the FREE profile for GLNG NOW at Trade-Ideas More details on GLNG: Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. The stock currently has a dividend yield of 0.9%. GLNG has a PE ratio of 13. Currently there are 6 analysts that rate Golar LNG a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Golar LNG has been 1.7 million shares per day over the past 30 days. Golar LNG has a market cap of $1.9 billion and is part of the services sector and transportation industry. The stock has a beta of 0.77 and a...


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