The key reasons why Dorian LPG Ltd (LPG) is -16.48% away from 52-week high?

Witnessing the stock’s movement on the chart, on Wednesday, Dorian LPG Ltd (NYSE: LPG) set off with pace as it heaved 3.07% to $40.29, before settling in for the price of $39.09 at the close. Taking a more long-term approach, LPG posted a 52-week range of $18.24-$48.24.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 33.67%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 84.42%. This publicly-traded company’s shares outstanding now amounts to $40.38 million, simultaneously with a float of $37.58 million. The organization now has a market capitalization sitting at $1.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $37.41, while the 200-day Moving Average is $34.53.

Dorian LPG Ltd (LPG) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Midstream industry. Dorian LPG Ltd’s current insider ownership accounts for 7.42%, in contrast to 63.35% institutional ownership. According to the most recent insider trade that took place on Jan 12 ’24, this organization’s President and CEO bought 5,000 shares at the rate of 42.58, making the entire transaction reach 212,900 in total value, affecting insider ownership by 1,777,740. Preceding that transaction, on Dec 20 ’23, Company’s Director sold 4,371 for 44.50, making the whole transaction’s value amount to 194,510. This particular insider is now the holder of 0 in total.

Dorian LPG Ltd (LPG) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.30 per share during the current fiscal year.

Dorian LPG Ltd’s EPS increase for this current 12-month fiscal period is 84.42% and is forecasted to reach 5.59 in the upcoming year.

Dorian LPG Ltd (NYSE: LPG) Trading Performance Indicators

Let’s observe the current performance indicators for Dorian LPG Ltd (LPG). It’s Quick Ratio in the last reported quarter now stands at 3.29. The Stock has managed to achieve an average true range (ATR) of 1.52. Alongside those numbers, its PE Ratio stands at $5.35, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.96. Similarly, its price to free cash flow for trailing twelve months is now 6.16.

In the same vein, LPG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.53, a figure that is expected to reach 2.29 in the next quarter, and analysts are predicting that it will be 5.59 at the market close of one year from today.

Technical Analysis of Dorian LPG Ltd (LPG)

Going through the that latest performance of [Dorian LPG Ltd, LPG]. Its last 5-days volume of 0.54 million was inferior to the volume of 0.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 47.07% While, its Average True Range was 1.57.

Raw Stochastic average of Dorian LPG Ltd (LPG) in the period of the previous 100 days is set at 43.97%, which indicates a major fall in contrast to 57.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 45.60% that was higher than 43.72% volatility it exhibited in the past 100-days period.