Dynagas LNG Partners LP (NYSE:DLNG – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.79 and traded as high as $3.91. Dynagas LNG Partners shares last traded at $3.88, with a volume of 23,779 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of Dynagas LNG Partners in a report on Friday. They set a “strong-buy” rating on the stock.
Check Out Our Latest Stock Report on DLNG
Dynagas LNG Partners Price Performance
Dynagas LNG Partners (NYSE:DLNG – Get Free Report) last issued its earnings results on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The business had revenue of $37.62 million during the quarter, compared to analysts’ expectations of $37.92 million. During the same quarter in the previous year, the business earned $0.08 EPS. On average, analysts expect that Dynagas LNG Partners LP will post 1.05 EPS for the current year.
Dynagas LNG Partners Company Profile
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.
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