Dorian LPG Ltd (NYSE: LPG) is -38.82% lower on its value in year-to-date trading and has touched a low of $22.46 and a high of $48.53 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 $24.35 in the last trading session, with the day’s loss setting it -0.38%.
Currently trading at $23.97, the stock is 1.02% and -8.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.68 million and changing -1.56% at the moment leaves the stock -30.88% off its SMA200. LPG registered -42.07% loss for a year compared to 6-month loss of -38.96%. The firm has a 50-day simple moving average (SMA 50) of $26.7908 and a 200-day simple moving average (SMA200) of $36.57455.
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The stock witnessed a -5.70% gain in the last 1 month and extending the period to 3 months gives it a -26.92%, and is 2.79% 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 3.60% over the week and 3.57% over the month.
Dorian LPG Ltd (LPG) has around 577 employees, a market worth around $1.03B and $501.24M in sales. Current P/E ratio is 4.07 and Fwd P/E is 6.32. Profit margin for the company is 47.87%. Distance from 52-week low is 6.72% and -50.61% from its 52-week high. The company has generated returns on investments over the last 12 months (13.67%).
with sales reaching $89.89M over the same period.The EPS is expected to shrink by -59.85% this year, but quarterly earnings will post -31.89% year-over-year. Quarterly sales are estimated to shrink -44.88% in year-over-year returns.
332.0 institutions hold shares in Dorian LPG Ltd (LPG), with institutional investors hold 83.34% of the company’s shares. The shares outstanding are 42.80M, and float is at 39.65M with Short Float at 4.07%. Institutions hold 71.49% 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
Dorian LPG Ltd disclosed in a document filed with the SEC on Aug 05 ’24 that Hadjipateras Alexander C. (Chief Operating Officer) sold a total of 2,500 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $36.12 per share for $90300.0. Following the transaction, the insider now directly holds 82823.0 shares of the LPG stock.
Still, SEC filings show that on Jan 12 ’24, HADJIPATERAS JOHN C (President and CEO) acquired 5,000 shares at an average price of $42.58 for $0.21 million. The insider now directly holds 1,777,740 shares of Dorian LPG Ltd (LPG).
