Golar LNG Limited (GLNG) and Golar LNG Partners LP (GMLP) Tick Lower on New "Strong Sell" Rating
Get Alerts GLNG Hot Sheet
Price: $23.91 +0.50%
Rating Summary:
14 Buy, 6 Hold, 0 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
Rating Summary:
14 Buy, 6 Hold, 0 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
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Golar LNG Limited (Nasdaq: GLNG) and Golar LNG Partners LP (Nasdaq: GMLP) are seeing some weakness today after famed short sellers Muddy Waters LLC highlighted recent "Strong Sell" ratings on both from Pandora's Box Research.
In the report, the research firm said the pair are "extremely overvalued," citing poor earning's quality, a "history of poor corporate governance, related party transactions and front running by its insiders," among others things.
You can see the full report here.
In the report, the research firm said the pair are "extremely overvalued," citing poor earning's quality, a "history of poor corporate governance, related party transactions and front running by its insiders," among others things.
You can see the full report here.
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