Crown LNG Holdings Limited (NASDAQ:CGBS) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $0.15.
Actively observing the price movement in the last trading, the stock closed the session at $0.15, falling within a range of $0.146 and $0.16. The value of beta (5-year monthly) was 0.017. Referring to stock’s 52-week performance, its high was $12.70, and the low was $0.12. On the whole, CGBS has fluctuated by -38.44% over the past month.
With the market capitalization of Crown LNG Holdings Limited currently standing at about $68.27 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
The stock’s technical analysis shows that the price of CGBS currently trading nearly -20.16% and -38.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.60, while the 7-day volatility ratio is showing 8.76% which for the 30-day chart, stands at 11.83%. Furthermore, Crown LNG Holdings Limited (CGBS)’s beta value is 0.13, and its average true range (ATR) is 0.03.
A comparison of Crown LNG Holdings Limited (CGBS) with its peers suggests the former has fared considerably weaker in the market. CGBS showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -98.70%%.
Data on historical trading for Crown LNG Holdings Limited (NASDAQ:CGBS) indicates that the trading volumes over the past 10 days have averaged 0.77 and over the past 3 months, they’ve averaged 3.63 million. According to company’s latest data on outstanding shares, there are 461.31 million shares outstanding.
Nearly 50.58% of Crown LNG Holdings Limited’s shares belong to company insiders and institutional investors own 0.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.17 million shares as on 2025-03-31, resulting in a short ratio of 0.75. According to the data, the short interest in Crown LNG Holdings Limited (CGBS) stood at 51.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.24 million. The stock has fallen by -63.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CGBS stock heading into the next quarter.
