Dynagas LNG Partners (NYSE:DLNG) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a research report report published on Friday. The brokerage issued a buy rating on the shipping company’s stock.

Dynagas LNG Partners Price Performance

Shares of NYSE:DLNG opened at $3.83 on Friday. Dynagas LNG Partners has a 1-year low of $2.27 and a 1-year high of $3.87. The company’s fifty day moving average is $2.99 and its two-hundred day moving average is $2.82. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.83 and a quick ratio of 2.46.

Dynagas LNG Partners (NYSE:DLNG) last released its quarterly earnings results on Thursday, March 28th. The shipping company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.10). The firm had revenue of $36.95 million for the quarter, compared to the consensus estimate of $38.21 million. Dynagas LNG Partners had a return on equity of 8.22% and a net margin of 22.35%. Equities research analysts forecast that Dynagas LNG Partners will post 1.22 EPS for the current fiscal year.

Hedge Funds Weigh In On Dynagas LNG Partners

An institutional investor recently bought a new position in Dynagas LNG Partners stock. Apollon Wealth Management LLC purchased a new position in shares of Dynagas LNG Partners LP (NYSE:DLNG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,130 shares of the shipping company’s stock, valued at approximately $42,000.

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. Its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP.