Venture Global (NYSE:VG) Stock Price Down 3.1% – Time to Sell?

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

Analysts Set New Price Targets

A number of research firms have commented on VG. StockNews.com started coverage on Venture Global in a report on Monday. They issued a “sell” rating for the company. Sanford C. Bernstein assumed coverage on Venture Global in a report 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.