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

Research analysts at StockNews.com initiated coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a note issued to investors on Saturday. The firm set a “strong-buy” rating on the shipping company’s stock.

Dynagas LNG Partners Stock Up 0.5 %

Shares of NYSE:DLNG opened at $3.79 on Friday. The company has a market capitalization of $139.46 million, a price-to-earnings ratio of 6.32 and a beta of 1.37. The company has a 50 day moving average of $3.80 and a two-hundred day moving average of $3.82. Dynagas LNG Partners has a 52-week low of $2.27 and a 52-week high of $4.24. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.89.

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

Dynagas LNG Partners Company Profile

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.