Shares of BW LPG Limited (NYSE:BWLP - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $10.89, but opened at $10.64. BW LPG shares last traded at $10.70, with a volume of 141,035 shares changing hands.
BW LPG Stock Down 3.5 %
The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.16. The business has a 50-day moving average price of $13.16 and a 200-day moving average price of $15.33.
BW LPG Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 12th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 15.98%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in BW LPG in the third quarter valued at approximately $476,000. XTX Topco Ltd lifted its holdings in BW LPG by 75.1% in the third quarter. XTX Topco Ltd now owns 25,671 shares of the company's stock valued at $370,000 after acquiring an additional 11,013 shares during the last quarter. Jane Street Group LLC acquired a new position in BW LPG in the third quarter valued at approximately $305,000. HighTower Advisors LLC acquired a new position in BW LPG during the third quarter worth $219,000. Finally, Centiva Capital LP acquired a new position in BW LPG during the third quarter worth $183,000.
BW LPG Company Profile
(
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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