Free Trial

Dynagas LNG Partners (NYSE:DLNG) Shares Cross Above 50 Day Moving Average - What's Next?

Dynagas LNG Partners logo with Transportation background

Dynagas LNG Partners LP (NYSE:DLNG - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.79 and traded as high as $3.91. Dynagas LNG Partners shares last traded at $3.88, with a volume of 23,779 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Dynagas LNG Partners in a report on Friday. They set a "strong-buy" rating on the stock.

Check Out Our Latest Analysis on Dynagas LNG Partners

Dynagas LNG Partners Price Performance

The firm's fifty day simple moving average is $3.79 and its two-hundred day simple moving average is $3.79. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.89. The firm has a market cap of $142.27 million, a PE ratio of 5.46 and a beta of 1.37.

Dynagas LNG Partners (NYSE:DLNG - Get Free Report) last released its earnings results on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.03). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The company had revenue of $37.62 million during the quarter, compared to analysts' expectations of $37.92 million. During the same period last year, the firm posted $0.08 EPS. As a group, research analysts expect that Dynagas LNG Partners LP will post 1.05 EPS for the current year.

Dynagas LNG Partners Company Profile

(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

→ Watch this before it gets removed (From Porter & Company) (Ad)

Should you invest $1,000 in Dynagas LNG Partners right now?

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

10 Best Cheap Stocks to Buy Now Cover

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.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines