Dynagas LNG Partners (NYSE:DLNG) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Dynagas LNG Partners LP (NYSE:DLNG) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.72 and traded as low as $3.67. Dynagas LNG Partners shares last traded at $3.7210, with a volume of 28,299 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Dynagas LNG Partners in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Dynagas LNG Partners Price Performance

The stock has a market capitalization of $136.86 million, a price-to-earnings ratio of 2.91 and a beta of 0.73. The company’s 50-day simple moving average is $3.72 and its 200-day simple moving average is $3.65. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.02 and a quick ratio of 1.02.

Dynagas LNG Partners (NYSE:DLNG) last announced its earnings results on Thursday, November 20th. The shipping company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. The company had revenue of $37.04 million for the quarter, compared to analyst estimates of $37.78 million. Dynagas LNG Partners had a return on equity of 15.62% and a net margin of 37.92%. Research analysts forecast that Dynagas LNG Partners LP will post 1.08 earnings per share for the current fiscal year.

Dynagas LNG Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Monday, November 10th were issued a dividend of $0.05 per share. This is an increase from Dynagas LNG Partners’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, November 10th. Dynagas LNG Partners’s payout ratio is 15.63%.

Hedge Funds Weigh In On Dynagas LNG Partners

Several institutional investors and hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP raised its stake in Dynagas LNG Partners by 430.1% in the 3rd quarter. Susquehanna International Group LLP now owns 146,196 shares of the shipping company’s stock worth $513,000 after purchasing an additional 118,616 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new position in shares of Dynagas LNG Partners during the third quarter worth approximately $36,000. Geneos Wealth Management Inc. raised its position in shares of Dynagas LNG Partners by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock valued at $151,000 after buying an additional 21,518 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of Dynagas LNG Partners in the second quarter valued at approximately $36,000. Finally, Acadian Asset Management LLC grew its position in Dynagas LNG Partners by 548.8% during the first quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock worth $692,000 after buying an additional 155,902 shares in the last quarter.

About Dynagas LNG Partners

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.