Shares of BW LPG Limited (NYSE:BWLP - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $14.12, but opened at $13.39. BW LPG shares last traded at $13.23, with a volume of 162,440 shares.
BW LPG Price Performance
The company has a quick ratio of 1.45, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The stock has a 50-day simple moving average of $15.02.
BW LPG (NYSE:BWLP - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 EPS for the quarter. The company had revenue of $876.49 million for the quarter.
BW LPG Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th were paid a dividend of $0.58 per share. The ex-dividend date was Tuesday, September 10th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 17.76%.
Institutional Trading of BW LPG
Institutional investors and hedge funds have recently bought and sold shares of the business. Optimum Investment Advisors raised its stake in BW LPG by 644.0% in the 3rd quarter. Optimum Investment Advisors now owns 18,600 shares of the company's stock worth $268,000 after purchasing an additional 16,100 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of BW LPG in the second quarter valued at approximately $280,000. Exchange Traded Concepts LLC acquired a new position in BW LPG in the 3rd quarter valued at approximately $312,000. U S Global Investors Inc. acquired a new position in BW LPG during the 3rd quarter worth about $337,000. Finally, Susquehanna International Group Ltd. bought a new stake in BW LPG in the second quarter valued at approximately $441,000.
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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