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Crown LNG (NASDAQ:CGBS) Stock Price Down 0.2% - What's Next?

Crown LNG logo with Oils/Energy background

Crown LNG Holdings Ltd (NASDAQ:CGBS - Get Free Report) fell 0.2% during trading on Friday . The stock traded as low as $0.68 and last traded at $0.75. 4,250,791 shares were traded during trading, a decline of 94% from the average session volume of 70,142,719 shares. The stock had previously closed at $0.75.

Crown LNG Stock Down 0.2 %

The firm has a 50-day moving average of $0.44. The stock has a market capitalization of $51.58 million, a P/E ratio of -0.86 and a beta of -0.22.

Institutional Investors Weigh In On Crown LNG

An institutional investor recently bought a new position in Crown LNG stock. Polar Asset Management Partners Inc. acquired a new position in shares of Crown LNG Holdings Ltd (NASDAQ:CGBS - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 87,620 shares of the company's stock, valued at approximately $25,000. Polar Asset Management Partners Inc. owned approximately 0.13% of Crown LNG as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 21.88% of the company's stock.

Crown LNG Company Profile

(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.

Further Reading

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