Dorian LPG Ltd. (NYSE:LPG) went up by 2.22% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Oil & Gas Midstream giant went up by $7.83 to trade ended Thursday trading at $7.66. This is up from the $7.66 price recorded on Wednesday’s trading session. Thanks to this latest performance, LPG is closer to the higher price 52-week target of $16.10 and further from the lowest price target of $5.80. Its performance from the start of the year has also been negative, with LPG down by -49.42% year-to-date.
Dorian LPG Ltd. (LPG) started the day trading at $7.72 and recorded an intraday high of $7.91. It also recorded an intraday low of $7.59 during Thursday’s trading session. Dorian LPG Ltd. is a very active stock that recorded a trading volume that is less than -57.58% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 422783, which is less than -57.58 of the total average daily trading volume of 666.21K.
Dorian LPG Ltd. (NYSE:LPG) 2020 Performance Impressive
The increase in LPG’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of LPG currently stands at $16.68, which is higher than the current trading price of the stock by 53.06%. However, LPG’s current trading price is -28.78% lower than the 52-week low price of $6.08. In terms of trading volume, Dorian LPG Ltd. currently experienced healthy participation during the last trading session. 422783 shares of Dorian LPG Ltd. were traded on the stock exchange on Thursday, which is less than -57.58% of the 666.21K average trading volume of the stock.
The performance of the stock has been positive over the past year. LPG’s performance over the past one year has seen it plunge by -9.79%, while the stock has gone down by -47.97% in the last six months. The quarterly performance of LPG currently stands at -7.56%, and it is down by -13.67% in the last month. The only negative figure was from the weekly performance, which currently reads -0.51%. At the time of writing LPG’s report, the company has a total market cap of $398.00M, making it one of the largest publicly-traded companies in the world.Dorian LPG Ltd. also has over 74 employees all over the world.
LPG Insider Activities
For Dorian LPG Ltd., insiders hold 79.10% of all company shares. The insider transactions over the past six months are up by 2.50%. During that period, insiders bought 267,959 shares in 14 transactions. In that same period, insiders sold 108,003 of their shares in 14 transactions. After these transactions, insiders at Dorian LPG Ltd. now hold 5.31M shares, which is over 77.85% of the total company stocks. Institutional investors currently hold a large chunk of the LPG shares, as they control 10.52% of the company’s total stock.
LPG Fundamental Analysis
For Dorian LPG Ltd., the stock’s diluted earnings per share (EPS) stands at 2.07. In the coming year, analysts expect the EPS to be 2.46. The EPS growth will up over the next five years to 15.00% after surging by 35.70% in the previous five years. In terms of revenue, Dorian LPG Ltd.’s quarterly sales (YOY) is growing at 0.51, which is lower than the average annual revenue of 35.70% over the past half a decade.
The Return on Investment (ROI) on Dorian LPG Ltd.’s stock currently stands at 10.00%, and it has a net profit margin of 33.50%. The operating margin of the company is 48.30%, and its gross margin is 96.10%.
LPG Analysts Prediction
Analysts at Wells Fargo believe that LPG is Outperform, and they have a price target of between $8 and $15. UBS and Canaccord Genuity also believe that Dorian LPG Ltd.’s stock is outperforming at the moment.
At the moment, Dorian LPG Ltd.’s Total Debt to Equity ratio stands at 0.65, and they have a long-term Debt to Equity ratio of 0.60.
LPG Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of LPG currently stands at -2.42%, while the SMA50 is -6.32%. The biggest one is the SMA200, which is currently reading -29.62% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 44.74, while its price to earnings ratio (P/E) is 3.78.