Venture Global (NYSE:VG) Hits New 12-Month Low – Here’s Why

Shares of Venture Global, Inc. (NYSE:VG) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $17.76 and last traded at $17.87, with a volume of 3798994 shares. The stock had previously closed at $19.68.

Analyst Ratings Changes

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

Venture Global Trading Down 12.2 %

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.