Large Outflow of Money Witnessed in Golar LNG Limited

Golar LNG Limited (GLNG) : Tuesdays money flow analysis of Golar LNG Limited (GLNG) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $20.73 million. In comparison, the inflow of money on upticks was a meager $6.69 million. The dollar value of composite uptick trades minus the downtick trades was negative $14.04 million. The uptick to downtick ratio of 0.32 in the money flow shows weakness. The downtick transaction value was high at $13.76 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($13.76 million). Golar LNG Limited (GLNG) gained $0.84 at $17.38, a change of 5.08% over the previous days close.


The company Insiders own 0.02% of Golar LNG Limited shares according to the proxy statements. Institutional Investors own 86.46% of Golar LNG Limited shares.

Shares of Golar LNG Ltd. rose by 11.55% in the last five trading days and 2.6% for the last 4 weeks. Golar LNG Ltd. has dropped 9.68% during the last 3-month period . Year-to-Date the stock performance stands at 10.68%.

Golar LNG Limited (NASDAQ:GLNG): stock turned positive on Tuesday. Though the stock opened at $17, the bulls momentum made the stock top out at $17.96 level for the day. The stock recorded a low of $16.83 and closed the trading day at $17.38, in the green by 5.08%. The total traded volume for the day was 3,128,237. The stock had closed at $16.54 in the previous days trading.

Golar LNG Limited (Golar) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs). As of March 31, 2010, Golar had a fleet of 13 vessels, 10 LNG carriers, three FSRUs and a 50% interest in a further LNG carrier. On June 22, 2009, the Company formed a wholly owned subsidiary, Golar LNG Energy Limited (Golar Energy). As of December 31, 2009, it owned 73.8% of Golar Energy. Golar Energy specializes in the acquisition, ownership, operation and chartering of FSRUs and the development of liquefaction projects. In 2011, the Company made the following acquisitions: Golar LNG Energy Limited (July), a floating storage and regasification unit Golar Freeze (October). On January 23, 2012, the Company acquired a Moss type carrier, namely LNG Carrier Gandria. On July 19, 2012, it sold its interest in the companies owning and operating the Nusantara Tegas Satu FSRU.

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