FLEX LNG Ltd (FLNG) stock is down 6.21% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.
FLEX LNG Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on FLNG!
What is Stock Sentiment?
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With FLNG Stock Today?
FLEX LNG Ltd (FLNG) stock is trading at $30.82 as of 1:15 PM on Wednesday, Oct 5, a loss of -$0.60, or -1.91% from the previous closing price of $31.42. The stock has traded between $29.65 and $30.92 so far today. Volume today is low. So far 362,669 shares have traded compared to average volume of 648,997 shares.
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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.
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