BW LPG Limited (NYSE:BWLP - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as $10.24 and last traded at $10.24, with a volume of 20810 shares. The stock had previously closed at $10.51.
BW LPG Stock Down 2.6 %
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 business's 50 day moving average is $12.94 and its two-hundred day moving average is $15.17.
BW LPG Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 12th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 16.41%. The ex-dividend date is Thursday, December 12th.
Institutional Investors Weigh In On BW LPG
Several institutional investors and hedge funds have recently made changes to their positions in the business. Glenorchy Capital Ltd acquired a new stake in BW LPG in the third quarter worth $712,000. Acadian Asset Management LLC bought a new stake in BW LPG in the 2nd quarter valued at about $56,598,000. DekaBank Deutsche Girozentrale bought a new stake in BW LPG in the 2nd quarter valued at about $698,000. Assenagon Asset Management S.A. acquired a new position in BW LPG during the 3rd quarter worth approximately $11,827,000. Finally, Skandinaviska Enskilda Banken AB publ bought a new position in BW LPG in the second quarter worth approximately $12,196,000.
About BW LPG
(
Get Free Report)
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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