Flex Lng Stock Price on November 29, 2024

FLNG Stock  USD 24.84  0.12  0.49%   
Below is the normalized historical share price chart for FLEX LNG extending back to September 22, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of FLEX LNG stands at 24.84, as last reported on the 19th of February, with the highest price reaching 25.34 and the lowest price hitting 24.84 during the day.
IPO Date
17th of June 2019
200 Day MA
25.8536
50 Day MA
24.0306
Beta
0.702
 
Yuan Drop
 
Covid
If you're considering investing in FLEX Stock, it is important to understand the factors that can impact its price. FLEX LNG secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of return volatility over the last 3 months. FLEX LNG exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FLEX LNG's mean deviation of 1.53, and Downside Deviation of 2.06 to check the risk estimate we provide.
  
At this time, FLEX LNG's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The FLEX LNG's current Stock Based Compensation is estimated to increase to about 2.1 M, while Other Stockholder Equity is projected to decrease to roughly 717.6 M. . At this time, FLEX LNG's Price Book Value Ratio is most likely to slightly decrease in the upcoming years. The FLEX LNG's current Price To Operating Cash Flows Ratio is estimated to increase to 8.42, while Price Earnings To Growth Ratio is forecasted to increase to (0.39). FLEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0096

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Negative ReturnsFLNG

Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average FLEX LNG is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FLEX LNG by adding FLEX LNG to a well-diversified portfolio.
Price Book
1.6656
Enterprise Value Ebitda
9.0918
Price Sales
3.6124
Shares Float
30.6 M
Dividend Share
3

Related Headline

International Seaways Headline on 29th of November 2024

Filed transaction by International Seaways Director, Officer President Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

FLEX LNG Valuation on November 29, 2024

It is possible to determine the worth of FLEX LNG on a given historical date. On November 29, 2024 FLEX was worth 24.01 at the beginning of the trading date compared to the closed value of 24.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLEX LNG stock. Still, in general, we apply an absolute valuation method to find FLEX LNG's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FLEX LNG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLEX LNG's related companies.
 Open High Low Close Volume
  24.55    24.62    23.87    24.01    579,269  
11/29/2024
  24.01    24.22    23.82    24.14    220,172  
  23.95    23.95    23.54    23.55    468,710  
Backtest FLEX LNG  |  FLEX LNG History  |  FLEX LNG Valuation PreviousNext  
Open Value
24.01
24.14
Closing Value
30.11
Upside

FLEX LNG Trading Date Momentum on November 29, 2024

On December 02 2024 FLEX LNG was traded for  23.55  at the closing time. The top price for the day was 23.95  and the lowest listed price was  23.54 . The trading volume for the day was 468.7 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.44% . The overall trading delta against the current closing price is 8.86% .
JavaScript chart by amCharts 3.21.1511/29/2024Nov 19Nov 22Nov 25Nov 28DecDec 04Dec 0722232425

FLEX LNG Fundamentals Correlations and Trends

By evaluating FLEX LNG's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About FLEX LNG Stock history

FLEX LNG investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FLEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLEX LNG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FLEX LNG stock prices may prove useful in developing a viable investing in FLEX LNG
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.1 M65.2 M
Net Income Applicable To Common Shares216.2 M227.1 M

FLEX LNG Stock Technical Analysis

FLEX LNG technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of FLEX LNG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FLEX LNG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

FLEX LNG Period Price Range

Low
February 19, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

FLEX LNG cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

FLEX LNG February 19, 2025 Market Strength

Market strength indicators help investors to evaluate how FLEX LNG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLEX LNG shares will generate the highest return on investment. By undertsting and applying FLEX LNG stock market strength indicators, traders can identify FLEX LNG entry and exit signals to maximize returns

FLEX LNG Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for FLEX LNG's price direction in advance. Along with the technical and fundamental analysis of FLEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLEX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for FLEX Stock analysis

When running FLEX LNG's price analysis, check to measure FLEX LNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FLEX LNG is operating at the current time. Most of FLEX LNG's value examination focuses on studying past and present price action to predict the probability of FLEX LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLEX LNG's price. Additionally, you may evaluate how the addition of FLEX LNG to your portfolios can decrease your overall portfolio volatility.
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