Dorian LPG Ltd (NYSE:LPG) shares traded 1.12% higher at $24.35 on Wall Street last session.
LPG stock price is now -8.01% away from the 50-day moving average and -29.89% away from the 200-day moving average. The market capitalization of the company currently stands at $1.05B.
With the price target maintained at $52, DNB Markets recently Upgraded its rating from Hold to Buy for Dorian LPG Ltd (NYSE: LPG). , while ‘Jefferies’ rates the stock as ‘Buy’
In other news, LORENTZEN OIVIND, Director bought 23,386 shares of the company’s stock on Dec 20 ’24. The stock was bought for $541,853 at an average price of $23.17. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 05 ’24, Chief Operating Officer Hadjipateras Alexander C. sold 2,500 shares of the business’s stock. A total of $90,300 was realized by selling the stock at an average price of $36.12. This leaves the insider owning 82,823 shares of the company worth $2.02 million. A total of 7.38% of the company’s stock is owned by insiders.
During the past 12 months, Dorian LPG Ltd has had a low of $22.46 and a high of $48.53. As of last week, the company has a debt-to-equity ratio of 0.69, a current ratio of 4.22, and a quick ratio of 4.20. According to the stock market information, the enterprise value for the company is $1377487104, which is based on a 4.17 price-to-earnings ratio, a 0.28 price-to-earnings-growth ratio, and a beta of 1.00. The fifty day moving average price for LPG is $26.9962 and a two-hundred day moving average price translates $36.6417 for the stock.
The latest earnings results from Dorian LPG Ltd (NYSE: LPG) was released for 2024-09-30. The net profit margin was 47.87% and return on equity was 23.86% for LPG. The company reported revenue of $82.43 million for the quarter, compared to $144.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -43.03 percent.
