Will GLNG, post its quarterly earnings announcement today, rise towards $24, or approach the level of $20?
|Today’s instrument is the Golar LNG Ltd, which designs, builds, owns and operates marine infrastructure for the liquefaction and regasification of liquefied natural gas (LNG), and whose stock is traded in Nasdaq under the ticker GLNG.
Looking at the GLNG’S chart, we can see that the stock has been traded at the range of around $20-24 in the current year, and it was lastly traded at around $22.37.
Today, it is announcing its quarterly earnings and if the market’s anticipation is positive, then it should rise towards the level of $24, otherwise it could approach the level of $20.
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