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BW LPG (NYSE:BWLP) Stock Price Up 4%

BW LPG logo with Transportation background

BW LPG Limited (NYSE:BWLP - Get Free Report)'s share price was up 4% on Tuesday . The company traded as high as $15.08 and last traded at $14.98. Approximately 128,923 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 157,534 shares. The stock had previously closed at $14.40.

BW LPG Trading Up 7.2 %

The company has a current ratio of 1.63, a quick ratio of 1.45 and a debt-to-equity ratio of 0.15. The company's fifty day moving average price is $15.21.

BW LPG (NYSE:BWLP - Get Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 EPS for the quarter. The company had revenue of $876.49 million during the quarter.

BW LPG Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 15.04%. The ex-dividend date of this dividend was Tuesday, September 10th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BWLP. Susquehanna International Group Ltd. purchased a new stake in shares of BW LPG during the 2nd quarter worth approximately $441,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of BW LPG in the second quarter valued at $12,196,000. XTX Topco Ltd purchased a new position in shares of BW LPG during the 2nd quarter valued at $280,000. DekaBank Deutsche Girozentrale purchased a new position in shares of BW LPG during the 2nd quarter valued at $698,000. Finally, Jupiter Asset Management Ltd. bought a new position in shares of BW LPG during the 2nd quarter worth $2,050,000.

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.

Further Reading

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