Venture Global (NYSE:VG) Stock Price Down 3.1% – Should You Sell?

Shares of Venture Global, Inc. (NYSE:VG) fell 3.1% on Tuesday . The company traded as low as $20.75 and last traded at $20.77. 486,496 shares were traded during mid-day trading, a decline of 95% from the average session volume of 9,478,680 shares. The stock had previously closed at $21.44.

Wall Street Analyst Weigh In

Several research firms have commented on VG. StockNews.com assumed coverage on shares of Venture Global in a research report on Monday. They issued a “sell” rating for the company. Sanford C. Bernstein assumed coverage on shares of Venture Global in a research note on Tuesday. They issued a “market perform” rating and a $20.00 price objective for the company.

Venture Global Stock Performance

Venture Global Company Profile

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.