StockNews.com upgraded shares of Dynagas LNG Partners (NYSE:DLNG – Free Report) from a buy rating to a strong-buy rating in a report released on Saturday.
Dynagas LNG Partners Stock Up 0.3 %
Shares of Dynagas LNG Partners stock opened at $3.92 on Friday. 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 company’s 50 day moving average is $3.76 and its 200 day moving average is $3.72. The company has a market cap of $144.41 million, a price-to-earnings ratio of 5.52 and a beta of 1.37.
Dynagas LNG Partners (NYSE:DLNG – Get Free Report) last announced its 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). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The firm had revenue of $37.62 million during the quarter, compared to analysts’ expectations of $37.92 million. During the same period in the previous year, the business posted $0.08 earnings per share. 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.
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