Dorian LPG Ltd (NYSE: LPG) is -15.14% lower on its value in year-to-date trading and has touched a low of $20.43 and a high of $47.17 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 $20.60 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $20.10, the stock is -12.32% and -14.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -2.43% at the moment leaves the stock -35.60% off its SMA200. LPG registered -37.76% loss for a year compared to 6-month loss of -44.37%.
The stock witnessed a -14.58% gain in the last 1 month and extending the period to 3 months gives it a -19.66%, and is -11.65% down 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 4.89% over the week and 4.18% over the month.
Dorian LPG Ltd (LPG) has around 577 employees, a market worth around $860.37M and $418.84M in sales. Current P/E ratio is 5.13 and Fwd P/E is 5.25. Profit margin for the company is 38.52%. Distance from 52-week low is -1.62% and -57.39% from its 52-week high. The company has generated returns on investments over the last 12 months (9.41%).
with sales reaching $80.4M over the same period.The EPS is expected to shrink by -64.08% this year, but quarterly earnings will post -35.26% year-over-year. Quarterly sales are estimated to shrink -42.99% in year-over-year returns.
The shares outstanding are 42.80M, and float is at 36.65M with Short Float at 5.44%.
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 7.4894 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.
