Shares of Crown LNG Holdings Ltd (NASDAQ:CGBS – Get Free Report) fell 0.2% during trading on Friday . The stock traded as low as $0.68 and last traded at $0.75. 4,250,791 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 70,142,719 shares. The stock had previously closed at $0.75.
Crown LNG Stock Performance
The company’s fifty day moving average price is $0.44.
Institutional Investors Weigh In On Crown LNG
A hedge fund recently bought a new stake in Crown LNG stock. Polar Asset Management Partners Inc. bought a new stake in Crown LNG Holdings Ltd (NASDAQ:CGBS – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 87,620 shares of the company’s stock, valued at approximately $25,000. Polar Asset Management Partners Inc. owned approximately 0.13% of Crown LNG at the end of the most recent quarter. 21.88% of the stock is owned by institutional investors and hedge funds.
Crown LNG Company Profile
Crown LNG Holdings Limited develops and delivers tailored offshore liquefied natural gas (LNG) liquefaction and regasification terminal infrastructure solutions for harsh weather locations. The company is based in St Helier, Jersey.
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