Dorian LPG Ltd (NYSE: LPG): To Buy Or Not To Buy, That Is The Question

Dorian LPG Ltd (LPG) concluded trading on Wednesday at a closing price of $24.38, with 0.44 million shares of worth about $10.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -49.29% during that period and on November 27, 2024 the price saw a loss of about -0.93%. Currently the company’s common shares owned by public are about 40.62M shares, out of which, 39.63M shares are available for trading.

Stock saw a price change of -5.14% in past 5 days and over the past one month there was a price change of -16.79%. Year-to-date (YTD), LPG shares are showing a performance of -37.77% which decreased to -35.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.51 but also hit the highest price of $48.53 during that period. The average intraday trading volume for Dorian LPG Ltd shares is 632.33K. The stock is currently trading -8.20% below its 20-day simple moving average (SMA20), while that difference is down -19.00% for SMA50 and it goes to -31.46% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Dorian LPG Ltd (NYSE: LPG) currently have 40.62M outstanding shares and institutions hold larger chunk of about 70.26% of that.

The stock has a current market capitalization of $1.04B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 4.14, while it has posted earnings per share of $5.89 in the same period. Its PEG reads 0.28 and has Quick Ratio of 4.20 while making debt-to-equity ratio of 0.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LPG, volatility over the week remained 3.54% while standing at 3.60% over the month.

Stock’s fiscal year EPS is expected to drop by -58.24% while it is estimated to increase by 30.40% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DNB Markets on July 03, 2024 offering a Buy rating for the stock and assigned a target price of $52 to it. On November 20, 2023, Jefferies Upgrade their recommendations, while on October 16, 2023, Pareto Upgrade their ratings for the stock with a price target of $35. Stock get a Hold rating from Jefferies on August 03, 2023.

Most Popular

Related Posts