Golar LNG Limited (GLNG) Plunges 8.91%

Golar LNG Limited (GLNG) Plunges 8.91%

Golar LNG Limited is a Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification and liquefaction.

Golar LNG Limited (GLNG) had a rough trading day for Thursday December 03 as shares tumbled 8.91%, or a loss of $-0.835 per share, to close at $8.54. After opening the day at $8.70, shares of Golar LNG Limited traded as high as $8.75 and as low as $8.42. Volume was 5.84 million shares over 35,677 trades, against an average daily volume of n/a shares and a total float of 97.8 million.

As a result of the decline, Golar LNG Limited now has a market cap of $835.21 million. In the last year, shares of Golar LNG Limited have traded between a range of $15.24 and $4.54, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction and trading of LNG. The segment in which the group operates includes Power, FLNG, and vessel operations. Its vessel operations segment operates and charters out LNG carriers and floating storage regasification units on fixed terms to customers, whereas Power Segment offers integrated LNG based downstream solutions, and FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli. The company generates maximum revenue from the Vessel Operations segment.

Golar LNG Limited is based out of Hamilton, and has some 1,647 employees.

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