Dynagas LNG Partners LP (NYSE:DLNG) has been given an average recommendation of “Hold” by the nine ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $4.45.
A number of equities research analysts have commented on DLNG shares. B. Riley set a $2.00 price objective on Dynagas LNG Partners and gave the company a “hold” rating in a research note on Thursday, June 6th. Zacks Investment Research cut Dynagas LNG Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. TheStreet cut Dynagas LNG Partners from a “c-” rating to a “d” rating in a research note on Tuesday, June 11th. Finally, ValuEngine raised Dynagas LNG Partners from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.
NYSE DLNG traded up $0.02 during trading hours on Friday, hitting $1.22. 200 shares of the company’s stock were exchanged, compared to its average volume of 34,601. Dynagas LNG Partners has a 1-year low of $1.15 and a 1-year high of $9.05. The stock has a 50-day simple moving average of $1.29 and a 200 day simple moving average of $1.84. The firm has a market cap of $43.35 million, a price-to-earnings ratio of 5.08 and a beta of 1.01.
An institutional investor recently bought a new position in Dynagas LNG Partners stock. LPL Financial LLC purchased a new position in shares of Dynagas LNG Partners LP (NYSE:DLNG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 20,481 shares of the shipping company’s stock, valued at approximately $30,000. LPL Financial LLC owned 0.06% of Dynagas LNG Partners at the end of the most recent quarter. Institutional investors own 8.22% of the company’s stock.
Dynagas LNG Partners Company Profile
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. As of March 9, 2018, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.
Receive News & Ratings for Dynagas LNG Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynagas LNG Partners and related companies with MarketBeat.com's FREE daily email newsletter.