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Shares of GLNG Up 32.0% Since Uptrend Call on Shares

Jan 13, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Golar Lng Ltd (NASDAQ:GLNG) on November 6th, 2017 at $22.53. In approximately 2 months, Golar Lng Ltd has returned 31.99% as of today's recent price of $29.73.

In the past 52 weeks, shares of Golar Lng Ltd have traded between a low of $14.32 and a high of $31.64 and are now at $29.73, which is 108% above that low price. The 200-day and 50-day moving averages have moved 2.02% lower and 0.01% higher over the past week, respectively.

Golar LNG Limited is an independent owner and operator of liquefied natural gas (LNG) infrastructure, including carriers, floating storage and regasification units (FSRUs), and floating liquefaction (FLNG) vessels. Collectively these assets make Golar an integrated midstream LNG services provider supporting resource holders, gas producers, and consumers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Golar Lng Ltd shares.Log in and add Golar Lng Ltd (GLNG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

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