Cheniere Energy (NYSEMKT:LNG) has climbed 0.85% in the past week and advanced 1.95% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.06% and the outperformance has advanced to 1.02% for the last 4 weeks period.
Cheniere Energy (NYSEMKT:LNG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.37 and $33.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.51, notching a gain of 4.29% for the day. The total traded volume was 2,858,174 . The stock had closed at $33.09 on the previous day.
The company shares have dropped -50.78% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $74.48 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $34.42 and the 200 Day Moving Average price is recorded at $34.80.
On the companys insider trading activities, Fusco Jack A, CEO of Cheniere Energy Inc, executed a transaction worth $930,776 on June 15, 2016. A total of 28,231 shares were purchased at an average price of $32.97. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, Scotia Howard Weil upgrades its rating on Cheniere Energy (NYSEMKT:LNG).The analysts at the brokerage house have a current rating of Sector Outperform on the shares. Earlier, the shares were rated a Sector Perform by the brokerage firm. The rating by the firm was issued on June 14, 2016. Currently the company Insiders own 3% of Cheniere Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.14% . Institutional Investors own 94.69% of Cheniere Energy shares. During last six month period, the net percent change held by insiders has seen a change of -3.9%.
Cheniere Energy, Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, and the Corpus Christi LNG terminal near Corpus Christi, Texas.