BW LPG (NYSE:BWLP - Get Free Report) was upgraded by investment analysts at Pareto Securities from a "hold" rating to a "buy" rating in a note issued to investors on Thursday, Marketbeat Ratings reports.
BW LPG Trading Down 1.0 %
BWLP stock traded down $0.13 during trading hours on Thursday, reaching $12.55. The stock had a trading volume of 386,157 shares, compared to its average volume of 553,793. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34. The stock has a 50-day simple moving average of $11.70 and a 200 day simple moving average of $13.62. BW LPG has a fifty-two week low of $9.95 and a fifty-two week high of $22.31.
BW LPG (NYSE:BWLP - Get Free Report) last announced its quarterly earnings results on Monday, December 2nd. The company reported $0.79 EPS for the quarter.
Hedge Funds Weigh In On BW LPG
Large investors have recently modified their holdings of the stock. Avior Wealth Management LLC bought a new position in shares of BW LPG in the third quarter valued at about $43,000. Centiva Capital LP bought a new position in BW LPG during the third quarter worth about $183,000. Plato Investment Management Ltd bought a new position in BW LPG during the third quarter worth about $207,000. HighTower Advisors LLC bought a new position in BW LPG during the third quarter worth about $219,000. Finally, Optimum Investment Advisors increased its position in BW LPG by 644.0% during the third quarter. Optimum Investment Advisors now owns 18,600 shares of the company's stock worth $268,000 after acquiring an additional 16,100 shares during the period.
BW LPG Company Profile
(
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BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.
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