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FLNG Makes Notable Cross Below Critical Moving Average

By Energy Stock Channel Staff, Tuesday, January 3, 4:33 PM ET
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In trading on Tuesday, shares of Flex LNG Ltd (NYSE:FLNG) crossed below their 200 day moving average of $30.76, changing hands as low as $30.56 per share. Flex LNG Ltd shares are currently trading off about 6.1% on the day. The chart below shows the one year performance of FLNG shares, versus its 200 day moving average:

Flex LNG Ltd 200 Day Moving Average Chart

Looking at the chart above, FLNG's low point in its 52 week range is $16.65 per share, with $38.2432 as the 52 week high point — that compares with a last trade of $30.69.


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