BW LPG Limited (NYSE:BWLP - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 133,739 shares were traded during mid-day trading, a decline of 21% from the previous session's volume of 169,655 shares.The stock last traded at $13.00 and had previously closed at $13.38.
BW LPG Stock Down 4.6 %
The stock's 50 day moving average is $14.71. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 1.63.
BW LPG (NYSE:BWLP - Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $876.49 million during the quarter.
BW LPG Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 10th were given a $0.58 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 18.17%.
Institutional Investors Weigh In On BW LPG
Several hedge funds have recently bought and sold shares of BWLP. Bank of New York Mellon Corp bought a new stake in shares of BW LPG in the second quarter worth about $2,365,000. Allspring Global Investments Holdings LLC bought a new stake in BW LPG during the 2nd quarter worth approximately $594,000. Acadian Asset Management LLC acquired a new stake in BW LPG during the 2nd quarter worth approximately $56,598,000. Jupiter Asset Management Ltd. bought a new position in BW LPG in the second quarter valued at approximately $2,050,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of BW LPG in the second quarter valued at approximately $698,000.
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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