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NYSE: FLNGFlex LNG Ltd. (FLNG) stock, explained like you're 5
Flex LNG Ltd. trades on the New York Stock Exchange under the ticker FLNG. It is a small cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 1.7 billion dollars.
- Ticker
- FLNG
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Marine Transportation
- Size
- Small cap, about 1.7 billion dollars
Is Flex LNG Ltd. a small, medium or large cap company?
No. Flex LNG Ltd. is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 1.7 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Flex LNG Ltd. makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves FLNG stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
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- FLEX LNG: A High Yield Opportunity With An Underrated Margin Of Safety (NYSE:FLNG) (Seeking Alpha)
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Questions about Flex LNG Ltd. stock
What does Flex LNG Ltd. do?
Flex LNG Ltd. trades on the New York Stock Exchange under the ticker FLNG. It is a small cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 1.7 billion dollars.
What is the ticker symbol for Flex LNG Ltd.?
Flex LNG Ltd. trades under the ticker FLNG on the New York Stock Exchange.
What is Flex LNG Ltd.'s market cap?
Flex LNG Ltd. is a small cap stock with a market cap of about 1.7 billion dollars.
How does Flex LNG Ltd. make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves FLNG stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow FLNG stock every day?
Add FLNG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
