Dorian LPG Ltd (LPG) with a beta value of 1.05 appears to be a promising investment opportunity.

A new trading day began on Friday, with Dorian LPG Ltd (NYSE: LPG) stock price up 4.86% from the previous day of trading, before settling in for the closing price of $39.51. LPG’s price has ranged from $21.68 to $50.37 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 35.71%. Meanwhile, its annual earnings per share averaged -40.23%. With a float of $36.61 million, this company’s outstanding shares have now reached $40.62 million.

Let’s determine the extent of company efficiency that accounts for 577 employees.

Dorian LPG Ltd (LPG) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Dorian LPG Ltd is 14.09%, while institutional ownership is 70.13%. The most recent insider transaction that took place on Jan 12 ’24, was worth 212,900. In this transaction President and CEO of this company bought 5,000 shares at a rate of $42.58, taking the stock ownership to the 1,777,740 shares. Before that another transaction happened on Dec 20 ’23, when Company’s Director sold 4,371 for $44.50, making the entire transaction worth $194,510. This insider now owns 0 shares in total.

Dorian LPG Ltd (LPG) Recent Fiscal highlights

In its latest quarterly report, released on 3/31/2024, the company reported earnings of 1.21 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -40.23% per share during the next fiscal year.

Dorian LPG Ltd (NYSE: LPG) Trading Performance Indicators

Here are Dorian LPG Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.15. Likewise, its price to free cash flow for the trailing twelve months is 4.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.59, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.52 in one year’s time.

Technical Analysis of Dorian LPG Ltd (LPG)

Looking closely at Dorian LPG Ltd (NYSE: LPG), its last 5-days average volume was 0.62 million, which is a drop from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 59.25%. Additionally, its Average True Range was 1.32.

During the past 100 days, Dorian LPG Ltd’s (LPG) raw stochastic average was set at 40.28%, which indicates a significant decrease from 82.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.35% in the past 14 days, which was lower than the 38.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.34, while its 200-day Moving Average is $40.05. However, in the short run, Dorian LPG Ltd’s stock first resistance to watch stands at $42.00. Second resistance stands at $42.57. The third major resistance level sits at $43.70. If the price goes on to break the first support level at $40.30, it is likely to go to the next support level at $39.17. Now, if the price goes above the second support level, the third support stands at $38.60.

Dorian LPG Ltd (NYSE: LPG) Key Stats

With a market capitalization of 1.77 billion, the company has a total of 40,619K Shares Outstanding. Currently, annual sales are 560,720 K while annual income is 307,450 K. The company’s previous quarter sales were 141,390 K while its latest quarter income was 79,240 K.