StockNews.com initiated coverage on shares of Dynagas LNG Partners (NYSE:DLNG - Free Report) in a report published on Sunday. The brokerage issued a strong-buy rating on the shipping company's stock.
Dynagas LNG Partners Trading Up 2.0 %
Shares of DLNG stock traded up $0.08 during trading hours on Friday, reaching $3.99. The company had a trading volume of 28,455 shares, compared to its average volume of 19,663. Dynagas LNG Partners has a 1-year low of $2.27 and a 1-year high of $4.24. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.70 and a quick ratio of 0.69. The firm has a market cap of $146.84 million, a price-to-earnings ratio of 6.65 and a beta of 1.37. The company has a 50 day moving average of $3.81 and a 200 day moving average of $3.85.
Dynagas LNG Partners (NYSE:DLNG - Get Free Report) last issued its earnings results on Tuesday, September 10th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.03). The company had revenue of $37.62 million for the quarter, compared to the consensus estimate of $37.92 million. Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. During the same quarter last year, the business posted $0.08 EPS. On average, equities research analysts anticipate that Dynagas LNG Partners will post 1.05 EPS for the current year.
Institutional Investors Weigh In On Dynagas LNG Partners
An institutional investor recently raised its position in Dynagas LNG Partners stock. Apollon Wealth Management LLC increased its stake in shares of Dynagas LNG Partners LP (NYSE:DLNG - Free Report) by 17.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,780 shares of the shipping company's stock after acquiring an additional 2,650 shares during the period. Apollon Wealth Management LLC's holdings in Dynagas LNG Partners were worth $67,000 as of its most recent SEC filing.
About Dynagas LNG Partners
(
Get Free Report)
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.
Featured Articles
Before you consider Dynagas LNG Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dynagas LNG Partners wasn't on the list.
While Dynagas LNG Partners currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
