Golar LNG Partners LP (NASDAQ:GMLP) Hovering Around $16.46

On performing technical analysis of Golar LNG Partners LP (NASDAQ:GMLP) stock, it is noted that the stock is $0.73 points away +4.58% from its fifty-day MA of $16.03. It is $2.42 or +16.91% away $14.34, the 200-day MA (Moving Average) of stock. Also, the current price is $-12.24 off one-year high level of $29.00 and $9.21 away from low of $7.55 in the same period.

Yesterday, the stock of Golar LNG Partners LP (NASDAQ:GMLP) closed at $16.46 after opening at $16.84 and registering high price of $17.00 and low of $16.58. The range of 52 Week is $7.55 – 29.00. The last closing level was $16.76 and volume was 43726. The short ratio is 4.12.

Golar LNG Partners LP (NASDAQ:GMLP), a NMS public traded entity has 39056000 shares floating. However, the count of outstanding shares is 62374000 bringing market cap to $1.05B. In the last session, Golar LNG Partners LP (NASDAQ:GMLP) stock settled at $16.76. Average daily volume is 394673 and the short ratio is 4.12.

A big percentage of people trading in the stock market are focused on stock price appreciation, regularly watching if the stock price is moving up or down on the chart. However, these people forget that even if the price remains at same level, they can generate profits from their investments by narrowing it into dividend making stocks. Stocks that disburse dividend payout are known as income stocks. The dividend yield gives some clarity as to what return shareholders achieve and whether the firm disburses dividend at all. When comparing stocks, income stakeholders consider stock’s dividend yield as a major parameter for short-listing the stocks for investment.

Golar LNG Partners LP (NASDAQ:GMLP) dividend yield is 14.03%. With a book value of $8.49, its price-to-book value is 1.94. The EBITDA is $355.68M while the price-to-sales ratio is 2.36. Dividend yield states an investor the amount they will get in cash distribution when compared with shares price. This yield is illustrated in terms of percentage.

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