Overall market sentiment has been high on FLEX LNG Ltd (FLNG) stock lately. FLNG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
FLEX LNG Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FLNG!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With FLNG Stock Today?
FLEX LNG Ltd (FLNG) stock is trading at $29.75 as of 12:55 PM on Thursday, Aug 4, a loss of -$2.86, or -8.77% from the previous closing price of $32.61. The stock has traded between $29.16 and $31.43 so far today. Volume today is 516,164 compared to average volume of 531,607.
To see InvestorsObserver's Sentiment Score for FLEX LNG Ltd click here.
More About FLEX LNG Ltd
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.
Click Here to get the full Stock Report for FLEX LNG Ltd stock.
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