Dynagas LNG Partners (NYSE:DLNG) Stock Rating Lowered by StockNews.com

Dynagas LNG Partners (NYSE:DLNG) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.

Dynagas LNG Partners Stock Up 7.5 %

Shares of DLNG opened at $4.17 on Friday. The company has a 50-day moving average of $3.04 and a two-hundred day moving average of $2.85. The company has a current ratio of 2.83, a quick ratio of 2.46 and a debt-to-equity ratio of 1.30. Dynagas LNG Partners has a one year low of $2.27 and a one year high of $4.18.

Dynagas LNG Partners (NYSE:DLNG) last posted its quarterly earnings data 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 firm had revenue of $36.95 million during the quarter, compared to analyst estimates of $38.21 million. As a group, equities analysts anticipate that Dynagas LNG Partners will post 1.22 earnings per share for the current year.

Institutional Investors Weigh In On Dynagas LNG Partners

An institutional investor recently bought a new position in Dynagas LNG Partners stock. Apollon Wealth Management LLC bought a new stake in shares of Dynagas LNG Partners LP (NYSE:DLNG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,130 shares of the shipping company’s stock, valued at approximately $42,000.

About Dynagas LNG Partners

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.