Dorian LPG Ltd (NYSE: LPG) is -10.98% lower on its value in year-to-date trading and has touched a low of $22.91 and a high of $50.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LPG stock was last observed hovering at around $36.35 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $36.13, the stock is 3.60% and -1.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.62 million and changing -0.61% at the moment leaves the stock -6.18% off its SMA200. LPG registered 51.17% gain for a year compared to 6-month loss of -4.45%. The firm has a 50-day simple moving average (SMA 50) of $36.6948 and a 200-day simple moving average (SMA200) of $39.97855.
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The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -15.01%, and is 6.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 3.03% over the month.
Dorian LPG Ltd (LPG) has around 577 employees, a market worth around $1.54B and $563.51M in sales. Current P/E ratio is 4.78 and Fwd P/E is 7.19. Profit margin for the company is 54.48%. Distance from 52-week low is 57.73% and -28.14% from its 52-week high. The company has generated returns on investments over the last 12 months (16.97%).
The EPS is expected to shrink by -41.03% this year
341.0 institutions hold shares in Dorian LPG Ltd (LPG), with institutional investors hold 85.22% of the company’s shares. The shares outstanding are 40.62M, and float is at 39.47M with Short Float at 5.19%. Institutions hold 73.03% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.17 million shares valued at $216.93 million. The investor’s holdings represent 12.728 of the LPG Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 3.18 million shares valued at $133.47 million to account for 7.8308 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 3.06 million shares representing 7.5421 and valued at over $128.55 million, while VANGUARD GROUP INC holds 4.9089 of the shares totaling 1.99 million with a market value of $83.67 million.
Dorian LPG Ltd (LPG) Insider Activity
The most recent transaction is an insider sale by Hadjipateras Alexander C., the company’s Chief Operating Officer. SEC filings show that Hadjipateras Alexander C. sold 2,500 shares of the company’s common stock on Aug 05 ’24 at a price of $36.12 per share for a total of $90300.0. Following the sale, the insider now owns 82823.0 shares.
Dorian LPG Ltd disclosed in a document filed with the SEC on Jan 12 ’24 that HADJIPATERAS JOHN C (President and CEO) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Jan 12 ’24 and was made at $42.58 per share for $0.21 million. Following the transaction, the insider now directly holds 1.78 million shares of the LPG stock.
Still, SEC filings show that on Dec 18 ’23, Young Theodore B. (Chief Financial Officer) disposed off 5,000 shares at an average price of $43.25 for $0.22 million. The insider now directly holds 88,720 shares of Dorian LPG Ltd (LPG).
