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FLEX LNG Ltd
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Let's analyse FLEX LNG Ltd together

PenkeI guess you are interested in FLEX LNG Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of FLEX LNG Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of FLEX LNG Ltd (30 sec.)










What can you expect buying and holding a share of FLEX LNG Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$3.30
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
$15.70
Expected worth in 1 year
$14.53
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
$2.13
Return On Investment
8.4%

For what price can you sell your share?

Current Price per Share
$25.22
Expected price per share
$24.16 - $25.83
How sure are you?
50%

1. Valuation of FLEX LNG Ltd (5 min.)




Live pricePrice per Share (EOD)

$25.22

Intrinsic Value Per Share

$0.18 - $294.76

Total Value Per Share

$15.89 - $310.46

2. Growth of FLEX LNG Ltd (5 min.)




Is FLEX LNG Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$847.6m$903.3m-$37.6m-4.3%

How much money is FLEX LNG Ltd making?

Current yearPrevious yearGrowGrow %
Making money$30m$47m-$17m-56.7%
Net Profit Margin32.6%55.2%--

How much money comes from the company's main activities?

3. Financial Health of FLEX LNG Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas Midstream industry (5 min.)




  Industry Rankings (Oil & Gas Midstream)  


Richest
#44 / 72

Most Revenue
#53 / 72

Most Profit
#46 / 72

What can you expect buying and holding a share of FLEX LNG Ltd? (5 min.)

Welcome investor! FLEX LNG Ltd's management wants to use your money to grow the business. In return you get a share of FLEX LNG Ltd.

What can you expect buying and holding a share of FLEX LNG Ltd?

First you should know what it really means to hold a share of FLEX LNG Ltd. And how you can make/lose money.

Speculation

The Price per Share of FLEX LNG Ltd is $25.22. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of FLEX LNG Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in FLEX LNG Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $15.70. Based on the TTM, the Book Value Change Per Share is $-0.29 per quarter. Based on the YOY, the Book Value Change Per Share is $0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.83 per quarter.
Based on historical numbers we can estimate the returns while holding a share of FLEX LNG Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.361.4%0.562.2%0.873.5%0.461.8%0.230.9%
Usd Book Value Change Per Share-0.51-2.0%-0.29-1.2%0.080.3%0.020.1%0.291.2%
Usd Dividend Per Share0.823.2%0.833.3%0.873.4%0.471.9%0.240.9%
Usd Total Gains Per Share0.311.2%0.532.1%0.953.8%0.491.9%0.532.1%
Usd Price Per Share29.06-30.83-30.07-18.26-9.36-
Price to Earnings Ratio20.22-16.80-8.73-19.41-7.56-
Price-to-Total Gains Ratio95.16-75.58-31.94-63.57--36.27-
Price to Book Ratio1.85-1.92-1.79-1.13-0.60-
Price-to-Total Gains Ratio95.16-75.58-31.94-63.57--36.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share25.22
Number of shares39
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.830.47
Usd Book Value Change Per Share-0.290.02
Usd Total Gains Per Share0.530.49
Gains per Quarter (39 shares)20.7518.94
Gains per Year (39 shares)82.9875.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1129-467373266
2258-921561475142
3387-1382392207218
4515-18332229310294
5644-22940536712370
6773-27548844014446
7902-32157151417522
81031-36765458719598
91160-41373766022674
101289-45982073424750

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%19.021.00.047.5%20.041.00.032.8%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%15.024.01.037.5%20.039.02.032.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.020.050.0%20.00.041.032.8%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%22.017.01.055.0%27.032.02.044.3%

Fundamentals of FLEX LNG Ltd

About FLEX LNG Ltd

Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Fundamental data was last updated by Penke on 2024-03-22 23:51:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of FLEX LNG Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit FLEX LNG Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Net Profit Margin of 19.9% means that $0.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of FLEX LNG Ltd:

  • The MRQ is 19.9%. The company is making a huge profit. +2
  • The TTM is 32.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ19.9%TTM32.6%-12.7%
TTM32.6%YOY55.2%-22.6%
TTM32.6%5Y30.4%+2.2%
5Y30.4%10Y10.9%+19.5%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ19.9%28.3%-8.4%
TTM32.6%19.1%+13.5%
YOY55.2%14.5%+40.7%
5Y30.4%13.0%+17.4%
10Y10.9%7.9%+3.0%
1.1.2. Return on Assets

Shows how efficient FLEX LNG Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • 0.7% Return on Assets means that FLEX LNG Ltd generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of FLEX LNG Ltd:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.1%-0.4%
TTM1.1%YOY1.8%-0.7%
TTM1.1%5Y1.1%+0.0%
5Y1.1%10Y0.4%+0.6%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.7%-1.0%
TTM1.1%1.4%-0.3%
YOY1.8%1.4%+0.4%
5Y1.1%1.1%0.0%
10Y0.4%0.9%-0.5%
1.1.3. Return on Equity

Shows how efficient FLEX LNG Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • 2.3% Return on Equity means FLEX LNG Ltd generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of FLEX LNG Ltd:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM3.5%-1.2%
TTM3.5%YOY5.2%-1.7%
TTM3.5%5Y3.0%+0.4%
5Y3.0%10Y1.4%+1.6%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%4.4%-2.1%
TTM3.5%3.6%-0.1%
YOY5.2%3.8%+1.4%
5Y3.0%2.3%+0.7%
10Y1.4%2.0%-0.6%

1.2. Operating Efficiency of FLEX LNG Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient FLEX LNG Ltd is operating .

  • Measures how much profit FLEX LNG Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • An Operating Margin of 59.4% means the company generated $0.59  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of FLEX LNG Ltd:

  • The MRQ is 59.4%. The company is operating very efficient. +2
  • The TTM is 59.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ59.4%TTM59.0%+0.4%
TTM59.0%YOY57.3%+1.7%
TTM59.0%5Y51.9%+7.1%
5Y51.9%10Y24.1%+27.8%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ59.4%29.4%+30.0%
TTM59.0%20.7%+38.3%
YOY57.3%19.2%+38.1%
5Y51.9%21.0%+30.9%
10Y24.1%17.1%+7.0%
1.2.2. Operating Ratio

Measures how efficient FLEX LNG Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • An Operation Ratio of 0.41 means that the operating costs are $0.41 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of FLEX LNG Ltd:

  • The MRQ is 0.406. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.415. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.415-0.009
TTM0.415YOY0.427-0.012
TTM0.4155Y0.477-0.061
5Y0.47710Y0.478-0.001
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4060.915-0.509
TTM0.4150.927-0.512
YOY0.4270.902-0.475
5Y0.4770.898-0.421
10Y0.4780.901-0.423

1.3. Liquidity of FLEX LNG Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if FLEX LNG Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A Current Ratio of 2.89 means the company has $2.89 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of FLEX LNG Ltd:

  • The MRQ is 2.891. The company is able to pay all its short-term debts. +1
  • The TTM is 2.985. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.891TTM2.985-0.094
TTM2.985YOY2.075+0.909
TTM2.9855Y1.918+1.067
5Y1.91810Y3.318-1.401
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8910.996+1.895
TTM2.9851.087+1.898
YOY2.0751.016+1.059
5Y1.9181.031+0.887
10Y3.3181.150+2.168
1.3.2. Quick Ratio

Measures if FLEX LNG Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Quick Ratio of 2.81 means the company can pay off $2.81 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of FLEX LNG Ltd:

  • The MRQ is 2.809. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.892. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.809TTM2.892-0.083
TTM2.892YOY1.986+0.906
TTM2.8925Y1.788+1.104
5Y1.78810Y3.027-1.238
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8090.629+2.180
TTM2.8920.688+2.204
YOY1.9860.805+1.181
5Y1.7880.846+0.942
10Y3.0270.847+2.180

1.4. Solvency of FLEX LNG Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of FLEX LNG Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare FLEX LNG Ltd to Oil & Gas Midstream industry mean.
  • A Debt to Asset Ratio of 0.69 means that FLEX LNG Ltd assets are financed with 68.7% credit (debt) and the remaining percentage (100% - 68.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of FLEX LNG Ltd:

  • The MRQ is 0.687. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.688. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.688-0.001
TTM0.688YOY0.657+0.031
TTM0.6885Y0.598+0.090
5Y0.59810Y0.368+0.230
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6870.516+0.171
TTM0.6880.524+0.164
YOY0.6570.550+0.107
5Y0.5980.544+0.054
10Y0.3680.541-0.173
1.4.2. Debt to Equity Ratio

Measures if FLEX LNG Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Debt to Equity ratio of 219.6% means that company has $2.20 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of FLEX LNG Ltd:

  • The MRQ is 2.196. The company is just not able to pay all its debts with equity.
  • The TTM is 2.202. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.196TTM2.202-0.006
TTM2.202YOY1.917+0.285
TTM2.2025Y1.620+0.583
5Y1.62010Y0.917+0.703
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1961.099+1.097
TTM2.2021.138+1.064
YOY1.9171.231+0.686
5Y1.6201.263+0.357
10Y0.9171.257-0.340

2. Market Valuation of FLEX LNG Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings FLEX LNG Ltd generates.

  • Above 15 is considered overpriced but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A PE ratio of 20.22 means the investor is paying $20.22 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of FLEX LNG Ltd:

  • The EOD is 17.550. Based on the earnings, the company is fair priced.
  • The MRQ is 20.223. Based on the earnings, the company is fair priced.
  • The TTM is 16.795. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.550MRQ20.223-2.672
MRQ20.223TTM16.795+3.427
TTM16.795YOY8.729+8.066
TTM16.7955Y19.412-2.617
5Y19.41210Y7.558+11.854
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD17.5508.868+8.682
MRQ20.2238.276+11.947
TTM16.7958.270+8.525
YOY8.7298.011+0.718
5Y19.41211.809+7.603
10Y7.55813.102-5.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of FLEX LNG Ltd:

  • The EOD is 5.729. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.601. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.726. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.729MRQ6.601-0.872
MRQ6.601TTM9.726-3.125
TTM9.726YOY7.557+2.169
TTM9.7265Y4.701+5.025
5Y4.70110Y-1.452+6.153
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD5.7295.966-0.237
MRQ6.6015.923+0.678
TTM9.7265.337+4.389
YOY7.5575.430+2.127
5Y4.7013.861+0.840
10Y-1.4523.830-5.282
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of FLEX LNG Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A PB ratio of 1.85 means the investor is paying $1.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of FLEX LNG Ltd:

  • The EOD is 1.606. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.850. Based on the equity, the company is underpriced. +1
  • The TTM is 1.921. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.606MRQ1.850-0.245
MRQ1.850TTM1.921-0.071
TTM1.921YOY1.789+0.132
TTM1.9215Y1.129+0.792
5Y1.12910Y0.603+0.526
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD1.6061.346+0.260
MRQ1.8501.262+0.588
TTM1.9211.214+0.707
YOY1.7891.104+0.685
5Y1.1291.020+0.109
10Y0.6031.204-0.601
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of FLEX LNG Ltd.

3.1. Funds holding FLEX LNG Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29iShares Russell 2000 ETF1.31510.0286706675-115-0.0163
2024-01-31Vanguard Total Intl Stock Index Inv0.73090.002939274287042.2664
2023-12-31Fidelity Small Cap Index0.5550.034129822547001.6012
2023-10-31The European Smaller Companies Trust PLC0.51341.047327588100
2024-01-31Vanguard Developed Markets Index Admiral0.44440.00423879400
2024-02-29KLP AksjeNorge Indeks S0.38130.291920487522031.087
2024-01-31Vanguard Instl Ttl Intl Stk Mkt Idx TrII0.34020.002818280900
2024-02-29iShares Core MSCI EAFE ETF0.33780.004218153200
2024-02-29iShares Russell 2000 Growth ETF0.33480.04179931-209-0.116
2024-02-29Storebrand Indeks - Norge A0.30560.344716420200
2023-12-31Bridgeway Small Cap Value0.25580.69521374502775025.2963
2024-01-31DNB Norge Indeks A0.25020.340213445938782.9698
2024-01-31DFA International Small Company I0.21470.0304115391-3993-3.3447
2024-02-29State St Russell Sm Cap® Indx SL Cl I0.20450.029410987400
2024-01-31Vanguard FTSE All-Wld ex-US SmCp Idx Ins0.20440.029910986100
2023-09-30Bridgeway Small-Cap Value0.20410.623110970000
2024-02-29iShares MSCI EAFE Small-Cap ETF0.20260.027710889300
2024-01-31Janus Henderson European Smr Coms I Acc0.19420.829810433513081.2696
2024-01-31Vanguard Russell 2000 ETF0.18650.03610021922082.2528
2024-01-31Equinor Aksjer Norge0.17640.44649480000
Total 7.35194.88863950648+46434+1.2%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of FLEX LNG Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.511-0.294-42%0.082-720%0.015-3413%0.294-274%
Book Value Per Share--15.70416.047-2%16.811-7%15.881-1%11.034+42%
Current Ratio--2.8912.985-3%2.075+39%1.918+51%3.318-13%
Debt To Asset Ratio--0.6870.6880%0.657+5%0.598+15%0.368+87%
Debt To Equity Ratio--2.1962.2020%1.917+15%1.620+36%0.917+139%
Dividend Per Share--0.8160.826-1%0.866-6%0.470+74%0.235+247%
Eps--0.3590.556-35%0.875-59%0.460-22%0.227+58%
Free Cash Flow Per Share--1.1010.835+32%1.023+8%-0.431+139%-0.519+147%
Free Cash Flow To Equity Per Share---0.3940.355-211%0.610-165%0.401-198%0.224-276%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--294.758--------
Intrinsic Value_10Y_min--0.182--------
Intrinsic Value_1Y_max--6.131--------
Intrinsic Value_1Y_min---1.733--------
Intrinsic Value_3Y_max--36.260--------
Intrinsic Value_3Y_min---3.721--------
Intrinsic Value_5Y_max--87.894--------
Intrinsic Value_5Y_min---4.065--------
Market Cap1355229486.000-16%1568548052.3401663403638.343-6%1615716200.250-3%984451147.951+59%504349154.959+211%
Net Profit Margin--0.1990.326-39%0.552-64%0.304-34%0.109+82%
Operating Margin--0.5940.590+1%0.573+4%0.519+14%0.241+146%
Operating Ratio--0.4060.415-2%0.427-5%0.477-15%0.478-15%
Pb Ratio1.606-15%1.8501.921-4%1.789+3%1.129+64%0.603+207%
Pe Ratio17.550-15%20.22316.795+20%8.729+132%19.412+4%7.558+168%
Price Per Share25.220-15%29.06030.833-6%30.068-3%18.265+59%9.358+211%
Price To Free Cash Flow Ratio5.729-15%6.6019.726-32%7.557-13%4.701+40%-1.452+122%
Price To Total Gains Ratio82.589-15%95.16475.582+26%31.938+198%63.566+50%-36.268+138%
Quick Ratio--2.8092.892-3%1.986+41%1.788+57%3.027-7%
Return On Assets--0.0070.011-34%0.018-60%0.011-33%0.004+69%
Return On Equity--0.0230.035-34%0.052-56%0.030-25%0.014+62%
Total Gains Per Share--0.3050.532-43%0.948-68%0.486-37%0.529-42%
Usd Book Value--847653000.000865732000.000-2%903351250.000-6%857388400.000-1%594915075.000+42%
Usd Book Value Change Per Share---0.511-0.294-42%0.082-720%0.015-3413%0.294-274%
Usd Book Value Per Share--15.70416.047-2%16.811-7%15.881-1%11.034+42%
Usd Dividend Per Share--0.8160.826-1%0.866-6%0.470+74%0.235+247%
Usd Eps--0.3590.556-35%0.875-59%0.460-22%0.227+58%
Usd Free Cash Flow--59402179.00045043544.750+32%54969250.000+8%-23522591.050+140%-28089695.525+147%
Usd Free Cash Flow Per Share--1.1010.835+32%1.023+8%-0.431+139%-0.519+147%
Usd Free Cash Flow To Equity Per Share---0.3940.355-211%0.610-165%0.401-198%0.224-276%
Usd Market Cap1355229486.000-16%1568548052.3401663403638.343-6%1615716200.250-3%984451147.951+59%504349154.959+211%
Usd Price Per Share25.220-15%29.06030.833-6%30.068-3%18.265+59%9.358+211%
Usd Profit--19391000.00030009750.000-35%47010500.000-59%26704550.000-27%13213875.000+47%
Usd Revenue--97234000.00092755500.000+5%86979250.000+12%68031000.000+43%36628950.000+165%
Usd Total Gains Per Share--0.3050.532-43%0.948-68%0.486-37%0.529-42%
 EOD+4 -4MRQTTM+12 -23YOY+11 -245Y+14 -2110Y+21 -14

4.2. Fundamental Score

Let's check the fundamental score of FLEX LNG Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.550
Price to Book Ratio (EOD)Between0-11.606
Net Profit Margin (MRQ)Greater than00.199
Operating Margin (MRQ)Greater than00.594
Quick Ratio (MRQ)Greater than12.809
Current Ratio (MRQ)Greater than12.891
Debt to Asset Ratio (MRQ)Less than10.687
Debt to Equity Ratio (MRQ)Less than12.196
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of FLEX LNG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.603
Ma 20Greater thanMa 5025.291
Ma 50Greater thanMa 10026.418
Ma 100Greater thanMa 20027.668
OpenGreater thanClose25.110
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets2,709,193
Total Liabilities1,861,540
Total Stockholder Equity847,653
 As reported
Total Liabilities 1,861,540
Total Stockholder Equity+ 847,653
Total Assets = 2,709,193

Assets

Total Assets2,709,193
Total Current Assets443,061
Long-term Assets2,266,132
Total Current Assets
Cash And Cash Equivalents 410,544
Net Receivables 19,928
Inventory 5,091
Other Current Assets 7,498
Total Current Assets  (as reported)443,061
Total Current Assets  (calculated)443,061
+/-0
Long-term Assets
Property Plant Equipment 2,217,303
Long-term Assets  (as reported)2,266,132
Long-term Assets  (calculated)2,217,303
+/- 48,829

Liabilities & Shareholders' Equity

Total Current Liabilities153,267
Long-term Liabilities1,708,273
Total Stockholder Equity847,653
Total Current Liabilities
Short-term Debt 103,870
Short Long Term Debt 103,870
Accounts payable 3,508
Other Current Liabilities 13,448
Total Current Liabilities  (as reported)153,267
Total Current Liabilities  (calculated)224,696
+/- 71,429
Long-term Liabilities
Long term Debt 1,708,273
Long-term Liabilities  (as reported)1,708,273
Long-term Liabilities  (calculated)1,708,273
+/-0
Total Stockholder Equity
Common Stock5,452
Retained Earnings -354,873
Other Stockholders Equity 1,197,074
Total Stockholder Equity (as reported)847,653
Total Stockholder Equity (calculated)847,653
+/-0
Other
Capital Stock5,452
Cash and Short Term Investments 410,544
Common Stock Shares Outstanding 53,976
Current Deferred Revenue32,441
Liabilities and Stockholders Equity 2,709,193
Net Debt 1,401,599
Net Invested Capital 2,659,796
Net Working Capital 289,794
Property Plant and Equipment Gross 2,510,686
Short Long Term Debt Total 1,812,143



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-30
> Total Assets 
0
0
544,799
0
570,966
572,682
579,631
580,363
578,678
577,482
444,631
442,319
451,345
464,092
358,393
355,117
342,898
340,924
6,806
5,267
4,323
213,408
212,198
211,660
211,262
211,175
217,861
216,851
216,299
215,807
215,247
214,906
214,282
214,219
214,133
0
688,542
683,708
684,510
794,242
1,008,731
988,376
1,294,386
1,281,719
1,404,279
1,578,705
1,641,282
1,641,282
1,615,784
1,999,411
2,304,020
2,428,208
2,539,670
2,521,044
2,572,921
2,552,642
2,665,578
2,643,582
2,679,512
2,815,627
2,795,903
2,769,056
2,709,193
2,709,1932,769,0562,795,9032,815,6272,679,5122,643,5822,665,5782,552,6422,572,9212,521,0442,539,6702,428,2082,304,0201,999,4111,615,7841,641,2821,641,2821,578,7051,404,2791,281,7191,294,386988,3761,008,731794,242684,510683,708688,5420214,133214,219214,282214,906215,247215,807216,299216,851217,861211,175211,262211,660212,198213,4084,3235,2676,806340,924342,898355,117358,393464,092451,345442,319444,631577,482578,678580,363579,631572,682570,9660544,79900
   > Total Current Assets 
0
0
50,824
0
25,498
21,943
26,604
21,310
17,721
13,977
12,257
8,956
17,144
19,383
15,803
12,558
10,369
8,424
6,729
5,204
4,309
3,408
1,673
1,061
574
370
6,794
5,717
5,108
4,616
3,974
3,483
2,831
2,449
1,659
0
25,152
18,693
17,570
49,259
81,719
21,932
60,425
53,674
36,343
73,124
143,890
143,890
136,305
98,422
157,845
157,073
157,690
156,745
224,891
193,809
309,360
287,609
354,048
510,200
482,500
463,987
443,061
443,061463,987482,500510,200354,048287,609309,360193,809224,891156,745157,690157,073157,84598,422136,305143,890143,89073,12436,34353,67460,42521,93281,71949,25917,57018,69325,15201,6592,4492,8313,4833,9744,6165,1085,7176,7943705741,0611,6733,4084,3095,2046,7298,42410,36912,55815,80319,38317,1448,95612,25713,97717,72121,31026,60421,94325,498050,82400
       Cash And Cash Equivalents 
0
0
49,499
0
23,592
21,120
25,679
20,269
16,881
13,143
9,889
6,462
14,710
16,909
14,754
11,602
9,545
7,699
6,246
4,888
3,907
3,218
1,524
880
437
261
6,731
5,591
5,021
4,399
3,722
3,182
2,793
2,431
1,439
0
18,754
11,881
9,961
38,983
77,584
16,574
54,932
45,561
26,385
56,500
129,005
129,005
115,922
75,765
128,878
139,041
144,151
138,116
200,652
174,053
283,658
271,124
332,329
474,950
449,830
429,415
410,544
410,544429,415449,830474,950332,329271,124283,658174,053200,652138,116144,151139,041128,87875,765115,922129,005129,00556,50026,38545,56154,93216,57477,58438,9839,96111,88118,75401,4392,4312,7933,1823,7224,3995,0215,5916,7312614378801,5243,2183,9074,8886,2467,6999,54511,60214,75416,90914,7106,4629,88913,14316,88120,26925,67921,12023,592049,49900
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
1,532
1,532
1,532
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000001,5321,5321,53200000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
275
0
0
0
98
0
0
0
46
0
0
0
250
0
0
0
46
0
0
0
486
0
0
0
4,413
0
1,082
383
9,318
315
4,923
6,792
13,883
4,933
6,873
8,888
14,781
9,927
12,002
4,549
8,499
16,128
19,114
20,951
19,928
19,92820,95119,11416,1288,4994,54912,0029,92714,7818,8886,8734,93313,8836,7924,9233159,3183831,08204,413000486000460002500004600098000275000000000000000000
       Other Current Assets 
0
0
1,325
0
1,906
823
925
1,041
840
834
2,368
962
902
942
302
956
824
725
208
316
402
190
149
181
137
109
17
126
87
217
2
301
38
18
174
0
4,229
4,757
6,082
7,916
1,520
3,850
165
8,058
6,900
14,475
93
11,791
12,222
11,442
11,428
7,622
2,591
3,826
3,005
4,623
8,776
7,026
7,960
13,944
7,972
8,463
7,498
7,4988,4637,97213,9447,9607,0268,7764,6233,0053,8262,5917,62211,42811,44212,22211,7919314,4756,9008,0581653,8501,5207,9166,0824,7574,22901741838301221787126171091371811491904023162087258249563029429029622,3688348401,0419258231,90601,32500
   > Long-term Assets 
0
0
493,975
0
545,468
550,739
553,027
559,053
560,957
563,505
432,374
433,363
434,201
444,709
342,590
342,559
332,529
332,500
77
63
14
210,000
210,525
210,599
210,688
210,805
211,067
211,134
211,191
211,191
211,273
211,423
211,451
211,770
212,474
0
663,390
665,015
666,940
744,983
927,012
966,444
1,233,961
1,228,045
1,367,936
1,505,581
1,497,392
1,497,392
1,479,479
1,900,989
2,146,175
2,271,135
2,381,980
2,364,299
2,348,030
2,358,833
2,356,218
2,355,973
2,325,464
2,305,427
2,313,403
2,305,069
2,266,132
2,266,1322,305,0692,313,4032,305,4272,325,4642,355,9732,356,2182,358,8332,348,0302,364,2992,381,9802,271,1352,146,1751,900,9891,479,4791,497,3921,497,3921,505,5811,367,9361,228,0451,233,961966,444927,012744,983666,940665,015663,3900212,474211,770211,451211,423211,273211,191211,191211,134211,067210,805210,688210,599210,525210,000146377332,500332,529342,559342,590444,709434,201433,363432,374563,505560,957559,053553,027550,739545,4680493,97500
       Property Plant Equipment 
0
0
493,975
0
509,862
514,340
516,776
523,492
525,566
527,608
267
432,488
433,326
443,834
342,590
342,559
332,529
332,500
77
63
14
210,000
210,525
210,599
210,688
210,805
211,067
211,134
211,191
211,191
211,273
211,423
211,451
211,770
212,474
0
663,390
665,015
666,940
744,983
927,012
966,444
1,233,961
1,228,046
1,367,879
1,505,312
1,147,284
1,496,756
1,479,479
1,900,989
2,146,066
2,266,684
2,378,880
2,360,422
2,342,168
2,324,360
2,306,356
2,288,153
2,269,949
2,256,861
2,254,730
2,235,875
2,217,303
2,217,3032,235,8752,254,7302,256,8612,269,9492,288,1532,306,3562,324,3602,342,1682,360,4222,378,8802,266,6842,146,0661,900,9891,479,4791,496,7561,147,2841,505,3121,367,8791,228,0461,233,961966,444927,012744,983666,940665,015663,3900212,474211,770211,451211,423211,273211,191211,191211,134211,067210,805210,688210,599210,525210,000146377332,500332,529342,559342,590443,834433,326432,488267527,608525,566523,492516,776514,340509,8620493,97500
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
269
636
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000636269000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
319,723
146,073
421,472
421,472
385,472
349,472
349,472
349,472
349,472
218,418
289,600
54,000
3,100
3,877
5,862
0
0
0
0
48,566
1
0
0
00148,56600005,8623,8773,10054,000289,600218,418349,472349,472349,472349,472385,472421,472421,472146,073319,7230000000000000000000000000000000000000000
> Total Liabilities 
0
0
8,510
0
6,210
9,384
9,843
13,162
12,880
13,776
14,136
14,741
17,223
31,521
41,987
41,649
31,379
31,813
1,121
1,014
1,119
1,198
417
333
408
353
7,841
7,350
7,525
7,515
7,613
7,668
7,687
8,139
8,191
0
165,599
164,869
164,409
275,887
493,231
471,624
467,062
457,709
584,123
757,950
802,017
802,017
803,326
1,183,059
1,468,845
1,567,075
1,687,645
1,659,590
1,683,534
1,647,248
1,755,705
1,752,534
1,772,422
1,944,996
1,926,177
1,894,138
1,861,540
1,861,5401,894,1381,926,1771,944,9961,772,4221,752,5341,755,7051,647,2481,683,5341,659,5901,687,6451,567,0751,468,8451,183,059803,326802,017802,017757,950584,123457,709467,062471,624493,231275,887164,409164,869165,59908,1918,1397,6877,6687,6137,5157,5257,3507,8413534083334171,1981,1191,0141,12131,81331,37941,64941,98731,52117,22314,74114,13613,77612,88013,1629,8439,3846,21008,51000
   > Total Current Liabilities 
0
0
8,510
0
2,254
3,047
3,428
3,110
3,118
2,985
3,199
3,260
5,227
11,065
12,749
12,009
1,852
1,948
1,121
1,014
1,119
1,198
417
333
408
353
841
350
525
515
613
668
687
1,139
1,191
0
5,599
4,869
4,409
5,887
25,236
34,181
35,460
31,946
47,360
55,054
57,732
57,732
77,072
103,293
131,832
115,871
132,297
132,997
131,587
123,785
122,002
152,277
153,198
157,822
165,722
159,797
153,267
153,267159,797165,722157,822153,198152,277122,002123,785131,587132,997132,297115,871131,832103,29377,07257,73257,73255,05447,36031,94635,46034,18125,2365,8874,4094,8695,59901,1911,1396876686135155253508413534083334171,1981,1191,0141,1211,9481,85212,00912,74911,0655,2273,2603,1992,9853,1183,1103,4283,0472,25408,51000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,438
23,365
23,365
23,365
29,996
34,261
34,566
34,566
35,927
53,745
64,466
74,099
77,674
80,598
81,472
81,800
75,510
93,805
95,507
101,959
103,461
103,638
103,870
103,870103,638103,461101,95995,50793,80575,51081,80081,47280,59877,67474,09964,46653,74535,92734,56634,56634,26129,99623,36523,36523,36514,4380000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,438
23,365
23,365
23,365
29,996
34,261
34,566
35,706
35,927
53,745
64,466
74,099
77,674
80,598
81,472
81,800
75,510
93,805
95,507
101,959
103,461
103,638
103,870
103,870103,638103,461101,95995,50793,80575,51081,80081,47280,59877,67474,09964,46653,74535,92735,70634,56634,26129,99623,36523,36523,36514,4380000000000000000000000000000000000000000
       Accounts payable 
0
0
7,722
0
0
0
443
0
0
0
567
0
0
0
198
0
0
0
86
0
0
0
47
0
0
0
409
0
0
0
15
0
0
0
46
0
0
0
76
0
0
0
592
0
2,156
933
582
582
292
1,947
3,373
5,122
665
3,430
2,016
4,005
2,835
5,150
1,794
4,235
5,436
3,529
3,508
3,5083,5295,4364,2351,7945,1502,8354,0052,0163,4306655,1223,3731,9472925825829332,156059200076000460001500040900047000860001980005670004430007,72200
       Other Current Liabilities 
0
0
788
0
2,254
3,047
2,985
3,110
3,118
2,985
2,632
3,260
5,227
11,065
12,551
12,009
1,852
1,948
1,035
1,014
1,119
1,198
370
333
408
353
432
350
525
515
598
668
687
1,139
1,145
0
5,599
4,869
4,333
5,887
10,798
10,816
8,944
8,581
15,208
19,860
13,286
10,009
34,736
36,254
38,652
28,242
32,352
24,807
21,226
12,709
15,106
21,283
22,934
22,746
25,054
21,000
13,448
13,44821,00025,05422,74622,93421,28315,10612,70921,22624,80732,35228,24238,65236,25434,73610,00913,28619,86015,2088,5818,94410,81610,7985,8874,3334,8695,59901,1451,1396876685985155253504323534083333701,1981,1191,0141,0351,9481,85212,00912,55111,0655,2273,2602,6322,9853,1183,1102,9853,0472,254078800
   > Long-term Liabilities 
0
0
0
0
3,956
6,337
6,415
10,052
9,762
10,791
10,937
11,481
11,996
20,456
29,238
29,640
29,527
29,865
0
0
0
0
0
0
0
0
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
0
160,000
160,000
160,000
270,000
467,995
437,443
431,602
425,763
536,763
702,896
744,285
744,285
726,254
1,079,766
1,337,013
1,451,204
1,555,348
1,526,593
1,551,947
1,523,463
1,633,703
1,600,257
1,619,224
1,787,174
1,760,455
1,734,341
1,708,273
1,708,2731,734,3411,760,4551,787,1741,619,2241,600,2571,633,7031,523,4631,551,9471,526,5931,555,3481,451,2041,337,0131,079,766726,254744,285744,285702,896536,763425,763431,602437,443467,995270,000160,000160,000160,00007,0007,0007,0007,0007,0007,0007,0007,0007,0000000000029,86529,52729,64029,23820,45611,99611,48110,93710,7919,76210,0526,4156,3373,9560000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
431,602
425,762
536,762
702,893
744,283
735,310
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000735,310744,283702,893536,762425,762431,602000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
3
2
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000002123110000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
536,289
0
530,920
529,527
536,641
534,966
533,786
531,065
430,495
427,578
434,122
432,571
316,406
313,468
311,519
309,111
5,685
4,253
3,204
212,210
211,781
211,327
210,854
210,822
210,020
209,501
208,774
208,292
207,634
207,238
206,595
206,080
205,942
0
522,943
518,839
520,101
518,355
515,500
516,752
827,324
824,010
820,156
820,755
839,265
839,265
812,458
816,352
835,175
861,133
852,025
861,454
889,387
905,394
909,873
891,048
907,090
870,631
869,726
874,918
847,653
847,653874,918869,726870,631907,090891,048909,873905,394889,387861,454852,025861,133835,175816,352812,458839,265839,265820,755820,156824,010827,324516,752515,500518,355520,101518,839522,9430205,942206,080206,595207,238207,634208,292208,774209,501210,020210,822210,854211,327211,781212,2103,2044,2535,685309,111311,519313,468316,406432,571434,122427,578430,495531,065533,786534,966536,641529,527530,9200536,28900
   Common Stock
0
0
1,024
0
1,024
1,024
1,127
1,129
1,129
1,130
1,130
1,132
1,245
1,245
1,248
1,251
1,251
1,254
1,254
1,259
1,259
1,264
1,264
1,265
1,266
1,267
1,269
1,278
1,278
1,279
1,279
1,279
1,279
1,280
1,279
0
3,679
3,680
3,680
3,680
3,680
3,681
5,410
5,410
5,410
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,452
5,452
5,452
5,452
5,452
5,4525,4525,4525,4525,4525,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4105,4105,4103,6813,6803,6803,6803,6803,67901,2791,2801,2791,2791,2791,2791,2781,2781,2691,2671,2661,2651,2641,2641,2591,2591,2541,2541,2511,2511,2481,2451,2451,1321,1301,1301,1291,1291,1271,0241,02401,02400
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000-104,216-87,980-74,012-63,309-46,141-46,141-37,462-29,621-23,330-17,415000-5000-3000-4000-109000-120000-720000-112,9140000000-370000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,189,665
1,189,789
1,189,854
1,189,984
1,190,049
1,190,113
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,190,1131,190,0491,189,9841,189,8541,189,7891,189,665000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
535,265
0
529,896
528,503
535,884
533,837
532,657
529,935
429,365
426,446
432,877
431,326
428,072
312,217
310,268
307,857
5,151
2,994
1,945
210,946
210,637
210,062
209,588
209,555
208,860
208,223
207,496
207,013
206,359
205,959
205,316
204,800
204,666
0
519,264
515,159
516,426
514,675
511,820
513,071
1,207,080
1,213,119
1,219,475
1,227,446
-356,195
1,236,190
1,253,495
1,264,271
1,276,652
1,287,703
1,182,954
1,180,864
1,179,611
1,179,705
1,179,781
1,180,804
1,195,325
1,196,017
1,196,358
1,196,711
1,197,074
1,197,0741,196,7111,196,3581,196,0171,195,3251,180,8041,179,7811,179,7051,179,6111,180,8641,182,9541,287,7031,276,6521,264,2711,253,4951,236,190-356,1951,227,4461,219,4751,213,1191,207,080513,071511,820514,675516,426515,159519,2640204,666204,800205,316205,959206,359207,013207,496208,223208,860209,555209,588210,062210,637210,9461,9452,9945,151307,857310,268312,217428,072431,326432,877426,446429,365529,935532,657533,837535,884528,503529,8960535,26500



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue371,022
Cost of Revenue-143,398
Gross Profit227,624227,624
 
Operating Income (+$)
Gross Profit227,624
Operating Expense-10,467
Operating Income217,157217,157
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,467
Selling And Marketing Expenses0
Operating Expense10,46710,467
 
Net Interest Income (+$)
Interest Income4,978
Interest Expense-108,724
Other Finance Cost-1,396
Net Interest Income-102,350
 
Pretax Income (+$)
Operating Income217,157
Net Interest Income-102,350
Other Non-Operating Income Expenses0
Income Before Tax (EBT)120,117314,197
EBIT - interestExpense = 108,433
120,117
228,763
Interest Expense108,724
Earnings Before Interest and Taxes (EBIT)217,157228,841
Earnings Before Interest and Taxes (EBITDA)290,520
 
After tax Income (+$)
Income Before Tax120,117
Tax Provision-118
Net Income From Continuing Ops142,082119,999
Net Income120,039
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses153,865
Total Other Income/Expenses Net-97,040102,350
 

Technical Analysis of FLEX LNG Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of FLEX LNG Ltd. The general trend of FLEX LNG Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine FLEX LNG Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of FLEX LNG Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 25.68 < 25.68 < 25.83.

The bearish price targets are: 24.84 > 24.20 > 24.16.

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FLEX LNG Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of FLEX LNG Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

FLEX LNG Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of FLEX LNG Ltd. The current macd is -0.27513125.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the FLEX LNG Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for FLEX LNG Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the FLEX LNG Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
FLEX LNG Ltd Daily Moving Average Convergence/Divergence (MACD) ChartFLEX LNG Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of FLEX LNG Ltd. The current adx is 21.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell FLEX LNG Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
FLEX LNG Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of FLEX LNG Ltd. The current sar is 24.89.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
FLEX LNG Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of FLEX LNG Ltd. The current rsi is 43.60. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
FLEX LNG Ltd Daily Relative Strength Index (RSI) ChartFLEX LNG Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of FLEX LNG Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the FLEX LNG Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
FLEX LNG Ltd Daily Stochastic Oscillator ChartFLEX LNG Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of FLEX LNG Ltd. The current cci is -66.14387544.

FLEX LNG Ltd Daily Commodity Channel Index (CCI) ChartFLEX LNG Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of FLEX LNG Ltd. The current cmo is -7.86829152.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
FLEX LNG Ltd Daily Chande Momentum Oscillator (CMO) ChartFLEX LNG Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of FLEX LNG Ltd. The current willr is -61.4213198.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that FLEX LNG Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
FLEX LNG Ltd Daily Williams %R ChartFLEX LNG Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of FLEX LNG Ltd.

FLEX LNG Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of FLEX LNG Ltd. The current atr is 0.45468547.

FLEX LNG Ltd Daily Average True Range (ATR) ChartFLEX LNG Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of FLEX LNG Ltd. The current obv is -588,160.

FLEX LNG Ltd Daily On-Balance Volume (OBV) ChartFLEX LNG Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of FLEX LNG Ltd. The current mfi is 58.15.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
FLEX LNG Ltd Daily Money Flow Index (MFI) ChartFLEX LNG Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for FLEX LNG Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

FLEX LNG Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of FLEX LNG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.603
Ma 20Greater thanMa 5025.291
Ma 50Greater thanMa 10026.418
Ma 100Greater thanMa 20027.668
OpenGreater thanClose25.110
Total0/5 (0.0%)
Penke

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