Crown LNG Holdings Limited [CGBS] moved down -10.69: Why It’s Important

Crown LNG Holdings Limited [NASDAQ: CGBS] stock went on a downward path that fall over -10.69% on Wednesday, amounting to a one-week price decrease of less than -24.07%.

Over the last 12 months, CGBS stock dropped by -98.12%.

The market cap for the stock reached $97.52 million, with 461.31 million shares outstanding and 227.41 million shares in the current float. Compared to the average trading volume of 17.95M shares, CGBS stock reached a trading volume of 13761700 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Crown LNG Holdings Limited [CGBS]:

The Average True Range (ATR) for Crown LNG Holdings Limited is set at 0.06 The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 0.00.

CGBS Stock Performance Analysis:

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 -24.07. With this latest performance, CGBS shares dropped by -52.92% in over the last four-week period, additionally sinking by -44.95% over the last 6 months – not to mention a drop of -98.12% 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 30.97, with the RSI for the last a single of trading hit 23.38, and the three-weeks RSI is set at 36.07 for Crown LNG Holdings Limited [CGBS]. The present Moving Average for the last 50 days of trading for this stock 0.4525, while it was recorded at 0.2492 for the last single week of trading.

Insight into Crown LNG Holdings Limited Fundamentals:

Crown LNG Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.

Crown LNG Holdings Limited [CGBS] Institutonal Ownership Details