On Friday, Golar LNG received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71.
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This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest runs. See if Golar LNG can continue to show renewed price strength and hit that benchmark.
Golar LNG is working on a consolidation with a 44.36 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth fell in the most recent quarter from 0% to -85%. But revenue gains moved higher, from -17% to -4%. The company is expected to report its latest results on or around Aug. 14.
Golar LNG holds the No. 18 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Hess Midstream, Navigator Holdings and DT Midstream are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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