November 20, 2023, Dorian LPG Ltd (NYSE: LPG) trading session started at the price of $39.40, that was 9.29% jump from the session before. During the day, the shares moved up to $43.12 and dropped to $39.40 before settling in for the closing price of $39.09. A 52-week range for LPG has been $13.49 – $39.90.
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 26.77%. When this article was written, the company’s average yearly earnings per share was at 73.45%. With a float of $33.90 million, this company’s outstanding shares have now reached $40.38 million.
Considering the fact that the conglomerate employs 593 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +58.51, operating margin of +50.28, and the pretax margin is +44.24.
Dorian LPG Ltd (LPG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dorian LPG Ltd stocks. The insider ownership of Dorian LPG Ltd is 16.51%, while institutional ownership is 61.00%. The most recent insider transaction that took place on Nov 16, was worth 185,750. In this transaction Chief Financial Officer of this company sold 5,000 shares at a rate of $37.15, taking the stock ownership to the 93,720 shares. Before that another transaction happened on Nov 10, when Company’s Chief Financial Officer sold 5,000 for $36.40, making the entire transaction worth $182,000. This insider now owns 98,720 shares in total.
Dorian LPG Ltd (LPG) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $1.85 earnings per share (EPS) during the time that was better than consensus figure (set at $1.48) by $0.37. This company achieved a net margin of +44.24 while generating a return on equity of 19.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.45% per share during the next fiscal year.
Dorian LPG Ltd (NYSE: LPG) Trading Performance Indicators
You can see what Dorian LPG Ltd (LPG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.52. Likewise, its price to free cash flow for the trailing twelve months is 7.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.34, a number that is poised to hit 2.37 in the next quarter and is forecasted to reach 5.05 in one year’s time.
Technical Analysis of Dorian LPG Ltd (LPG)
Compared to the last year’s volume of 0.68 million, its volume of 0.99 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.10%. Additionally, its Average True Range was 1.72.
During the past 100 days, Dorian LPG Ltd’s (LPG) raw stochastic average was set at 97.89%, which indicates a significant increase from 96.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.84% in the past 14 days, which was higher than the 45.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.67, while its 200-day Moving Average is $25.64. Nevertheless, the first resistance level for the watch stands at $44.09 in the near term. At $45.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.81. If the price goes on to break the first support level at $40.37, it is likely to go to the next support level at $38.03. Now, if the price goes above the second support level, the third support stands at $36.65.
Dorian LPG Ltd (NYSE: LPG) Key Stats
There are 40,608K outstanding shares of the company, which has a market capitalization of 1.73 billion. As of now, sales total 389,750 K while income totals 172,440 K. Its latest quarter income was 144,700 K while its last quarter net income were 76,510 K.