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

StockNews.com began coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a report released on Friday morning. The brokerage issued a strong-buy rating on the shipping company’s stock.

Dynagas LNG Partners Trading Down 0.3 %

Shares of DLNG opened at $3.87 on Friday. The stock has a market capitalization of $142.42 million, a P/E ratio of 5.45 and a beta of 1.37. Dynagas LNG Partners has a twelve month low of $2.27 and a twelve month 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. The firm has a fifty day simple moving average of $3.79 and a two-hundred day simple moving average of $3.81.

Dynagas LNG Partners (NYSE:DLNG) last announced its earnings results on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The business had revenue of $37.62 million for the quarter, compared to the consensus estimate of $37.92 million. Dynagas LNG Partners had a net margin of 21.27% and a return on equity of 11.77%. During the same quarter in the prior year, the company earned $0.08 EPS. On average, research analysts anticipate that Dynagas LNG Partners will post 1.05 EPS for the current year.

About Dynagas LNG Partners

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.