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Crown LNG (NASDAQ:CGBS) Shares Down 0.2% - Time to Sell?

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Shares of Crown LNG Holdings Ltd (NASDAQ:CGBS - Get Free Report) fell 0.2% during mid-day trading on Thursday . The company traded as low as $0.24 and last traded at $0.24. 436,781 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 6,962,501 shares. The stock had previously closed at $0.24.

Crown LNG Stock Up 0.1 %

The stock has a fifty day simple moving average of $0.40 and a 200 day simple moving average of $0.37. The firm has a market capitalization of $108.41 million, a P/E ratio of -0.27 and a beta of -0.13.

Institutional Trading of Crown LNG

An institutional investor recently bought a new position in Crown LNG stock. Polar Asset Management Partners Inc. acquired a new stake in shares of Crown LNG Holdings Ltd (NASDAQ:CGBS - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 87,620 shares of the company's stock, valued at approximately $25,000. Polar Asset Management Partners Inc. owned about 0.13% of Crown LNG at the end of the most recent reporting period. Institutional investors own 21.88% of the company's stock.

About Crown LNG

(Get Free Report)

Crown LNG Holdings Limited develops and delivers tailored offshore liquefied natural gas (LNG) liquefaction and regasification terminal infrastructure solutions for harsh weather locations. The company is based in St Helier, Jersey.

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