How to Buy Flex Lng Stock
Flex Lng Ltd
FLEX LNG Ltd. engages in the operation of carrier vessels. The firm is focused on commercial activity relating to securing hydrocarbon feed stock for floating liquefaction projects, constructing, owning and operating floating liquefaction vessels and/or LNG vessels and sales and marketing of hydrocarbons and business in connection therewith, including investing in other companies.
Flex Lng stock last closed at $26.15, up 0.19% from the previous day, and has decreased 21.8% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.45 percentage points. Flex Lng stock is currently +8.24% from its 52-week low of $24.16, and -24.49% from its 52-week high of $34.63.
At the moment, there are 53.74M shares of FLNG outstanding. The market cap of FLNG is $1.41B. In the past 24 hours, 146,948 FLNG shares were traded.
How to Buy Flex Lng Stock
Wondering how to invest in Flex Lng stock? Here's how.
- Choose where to buy Flex Lng stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Flex Lng stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your info.
- Analyze Flex Lng stock: The Flex Lng ticker symbol is FLNG. Is Flex Lng stock a good investment? Should you buy shares of FLNG? How do FLNG's underlying business fundamentals look? Do top analysts think Flex Lng is a good buy? Why has FLNG's stock price moved recently? (Hint: Our stock research website can help you understand if FLNG is a good stock to buy).
- Make your FLNG purchase: Decide if you will purchase FLNG shares at the current market price or use a limit order to purchase FLNG stock at a particular price.
- Monitor your investment in FLNG: Create a watchlist to important notifications about your investment in Flex Lng stock.
Step 1: Choose where to buy Flex Lng stock
You need a brokerage account to access the NYSE market and buy FLNG shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to buy FLNG today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock trading app, you need to deposit funds:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Analyze Flex Lng stock
After you have identified the best place to buy Flex Lng stock, it's critical to research their stock prior to buying, so you truly understand the risk and upside.
Flex Lng Numbers
FLNG Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FLNG's stock page.
What is the fair value of FLNG stock?
Analysts use many financial metrics, analyses, models, and charts to gauge FLNG's intrinsic value.
Using relative valuations measures:
- FLNG may be undervalued based on its P/E ratio of 11.67x, relative to Oil & Gas Midstream industry P/E ratio of 14.18x
- FLNG could be undervalued based on its P/B ratio of 1.66x, relative to Oil & Gas Midstream industry P/B ratio of 2.35x
- FLNG may be undervalued based on its PEG ratio of 0.34x
You can do additional valuation research on FLNG's stock here.
A quick look at FLNG Financials
Signs that FLNG is financially healthy:
- There are more short-term assets than short-term liabilities on the FLNG balance sheet.
Signs that FLNG is not financially healthy:
- FLNG profit margin has gone down from 54% to 32.4% in the past year.
- FLNG has a relatively high debt to equity ratio of 2.2.
- FLNG earnings of $228.84M is not sufficient to cover its interest payments.
- FLNG's operating cash flow of $175.03M allows it to safely service it's debt of $1.81B.
- Total FLNG debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the FLNG balance sheet.
You can dig deeper into what analysts are projecting on the Flex Lng stock forecast page.
Metrics for Advanced FLNG Traders
How are FLNG Revenues/Earnings doing?
Last year, FLNG earnings were $120.04M. In the last five year, FLNG's earnings have grown by 50.51% per year. This was faster than the Oil & Gas Midstream industry average of 21.56%.
Last year, FLNG revenue was $371.02M. Over the last five year, FLNG's revenue has increased by 36.88% per year. This was faster than the Oil & Gas Midstream industry average of 8.41%.
You can analyze FLNG's earnings and revenue performance here.
Are FLNG executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at FLNG have not bought or sold any shares.
Learn more about who owns FLNG shares here.
Does FLNG stock generate passive income?
Flex Lng pays a dividend of 11.95%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.68%. If you owned $1,000 of FLNG stock, you would have been paid $119.50 in the past 12 months.
Flex Lng dividend payments have consistently grown over the past 5 years but have not remained stable.
Find more info about Flex Lng dividend yield and history here.
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Step 5: Make your FLNG purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will execute the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in FLNG
Now that you own some shares in FLNG, you'll want to keep up with your new shares.
Start a watchlist to track your FLNG stock.
FLNG Feed
How to Buy Stock in Flex Lng
To reiterate, here are the 6 steps you need to take to buy Flex Lng stock right now:
- Choose where to buy Flex Lng stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Flex Lng stock
- Make your FLNG purchase
- Monitor your investment in FLNG
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Flex Lng, add FLNG to your watchlist below.
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