Dynagas LNG Partners (NYSE:DLNG) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a research report issued on Friday. The firm set a “buy” rating on the shipping company’s stock.

Dynagas LNG Partners Stock Performance

DLNG opened at $3.42 on Friday. The company has a fifty day moving average price of $2.97 and a two-hundred day moving average price of $2.81. The company has a quick ratio of 2.46, a current ratio of 2.83 and a debt-to-equity ratio of 1.30. Dynagas LNG Partners has a 52 week low of $2.27 and a 52 week high of $3.84.

Dynagas LNG Partners (NYSE:DLNG) last released its earnings results on Thursday, March 28th. The shipping company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.10). Dynagas LNG Partners had a return on equity of 8.22% and a net margin of 22.35%. The business had revenue of $36.95 million for the quarter, compared to analyst estimates of $38.21 million. On average, sell-side analysts forecast that Dynagas LNG Partners will post 1.22 EPS for the current year.

Institutional Trading of Dynagas LNG Partners

An institutional investor recently bought a new position in Dynagas LNG Partners stock. Apollon Wealth Management LLC bought a new position in shares of Dynagas LNG Partners LP (NYSE:DLNG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,130 shares of the shipping company’s stock, valued at approximately $42,000.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP.