Crown LNG Holdings Limited [NASDAQ: CGBS] loss -0.55% or -0.01 points to close at $0.74 with a heavy trading volume of 29219388 shares.
The daily chart for CGBS points out that the company has recorded -47.26% loss over the past six months.
If we look at the average trading volume of 14.57M shares, CGBS reached to a volume of 29219388 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Crown LNG Holdings Limited [CGBS]:
The Average True Range (ATR) for Crown LNG Holdings Limited is set at 0.19 The Price to Book ratio for the last quarter was 1.29, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for CGBS stock
Crown LNG Holdings Limited [CGBS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.33. With this latest performance, CGBS shares gained by 156.27% in over the last four-week period, additionally sinking by -47.26% over the last 6 months – not to mention a drop of -93.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CGBS stock in for the last two-week period is set at 61.07, with the RSI for the last a single of trading hit 59.06, and the three-weeks RSI is set at 60.86 for Crown LNG Holdings Limited [CGBS]. The present Moving Average for the last 50 days of trading for this stock 0.4451, while it was recorded at 0.7644 for the last single week of trading.
Crown LNG Holdings Limited [CGBS]: A deeper dive into fundamental analysis
Crown LNG Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.22 and a Current Ratio set at 0.22.