Shares of BW LPG Limited (NYSE:BWLP - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 351,196 shares traded hands during trading, a decline of 27% from the previous session's volume of 484,092 shares.The stock last traded at $12.91 and had previously closed at $13.09.
BW LPG Trading Down 4.2 %
The business's fifty day moving average price is $11.92 and its 200-day moving average price is $14.10. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34.
BW LPG Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 12th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 13.64%. The ex-dividend date of this dividend was Thursday, December 12th.
Institutional Investors Weigh In On BW LPG
A number of large investors have recently added to or reduced their stakes in the stock. Glenorchy Capital Ltd purchased a new position in shares of BW LPG in the 3rd quarter worth $712,000. Assenagon Asset Management S.A. bought a new position in BW LPG in the third quarter valued at about $11,827,000. DekaBank Deutsche Girozentrale purchased a new position in BW LPG in the second quarter worth about $698,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of BW LPG during the 2nd quarter valued at about $12,196,000. Finally, HighTower Advisors LLC purchased a new stake in shares of BW LPG during the 3rd quarter valued at about $219,000.
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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