Dynagas LNG Partners (NYSE:DLNG – Get Free Report) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.
Dynagas LNG Partners Price Performance
Shares of DLNG stock opened at $4.14 on Friday. The firm’s 50 day moving average is $3.07 and its 200-day moving average is $2.87. Dynagas LNG Partners has a 1 year low of $2.27 and a 1 year high of $4.18. 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 (NYSE:DLNG – Get Free Report) last issued its earnings results on Thursday, March 28th. The shipping company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.10). Dynagas LNG Partners had a net margin of 22.35% and a return on equity of 8.22%. The business had revenue of $36.95 million during the quarter, compared to the consensus estimate of $38.21 million. As a group, research analysts expect that Dynagas LNG Partners will post 1.22 EPS for the current fiscal year.
Hedge Funds Weigh In On Dynagas LNG Partners
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.
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