Previous Close | 11,740.00 |
Open | 11,680.00 |
Bid | 0.00 x 0 |
Ask | 11,880.00 x 0 |
Day's Range | 11,670.00 - 11,890.00 |
52 Week Range | 8,300.00 - 14,140.00 |
Volume | |
Avg. Volume | 6,443 |
Market Cap | 188.407B |
Beta (5Y Monthly) | 1.13 |
PE Ratio (TTM) | 15.91 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 515.00 (4.39%) |
Ex-Dividend Date | Mar 15, 2024 |
1y Target Est | N/A |
Sending goods around the world by ship is at least five times as expensive as it was last year, putting new cost pressures on companies and raising the specter of prolonged inflation. Container ship rates from Asia to Europe have jumped to about $8,000 per 40-foot shipping container, up from an average of $1,500 last year, according to Jefferies analyst Omar Nokta. Geopolitical tension is the biggest reason—the Houthi faction in Yemen continues to attack ships in the Red Sea in protest of Israel’s war in Gaza, despite efforts by the U.S. and others to stop the attacks.
Golar LNG (GLNG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
We recently compiled a list of the 15 Biggest Shipping Companies In The World in 2024 and in this article we will look at the biggest shipping company. Shipping in Stormy Seas The global shipping industry plays a crucial role in the global economy, facilitating the movement of goods and services across borders. However, the recent […]