Dorian LPG Ltd (LPG) is gearing up for another turning point as it hit the volume of 0.97 million

On Tuesday, Dorian LPG Ltd (NYSE: LPG) opened lower -1.80% from the last session, before settling in for the closing price of $27.84. Price fluctuations for LPG have ranged from $27.51 to $48.53 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 35.71% over the last five years. Company’s average yearly earnings per share was noted -46.24% at the time writing. With a float of $39.64 million, this company’s outstanding shares have now reached $40.62 million.

The firm has a total of 577 workers. Let’s measure their productivity. In terms of profitability, gross margin is 68.61%, operating margin of 53.6%, and the pretax margin is 48.11%.

Dorian LPG Ltd (LPG) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Dorian LPG Ltd is 7.38%, while institutional ownership is 71.68%. The most recent insider transaction that took place on Aug 05 ’24, was worth 90,300. In this transaction Chief Operating Officer of this company sold 2,500 shares at a rate of $36.12, taking the stock ownership to the 82,823 shares. Before that another transaction happened on Jan 12 ’24, when Company’s President and CEO bought 5,000 for $42.58, making the entire transaction worth $212,900. This insider now owns 1,777,740 shares in total.

Dorian LPG Ltd (LPG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -46.24% per share during the next fiscal year.

Dorian LPG Ltd (NYSE: LPG) Trading Performance Indicators

Check out the current performance indicators for Dorian LPG Ltd (LPG). In the past quarter, the stock posted a quick ratio of 4.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 4.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.89, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 4.74 in one year’s time.

Technical Analysis of Dorian LPG Ltd (LPG)

Analysing the last 5-days average volume posted by the [Dorian LPG Ltd, LPG], we can find that recorded value of 0.77 million was better than the volume posted last year of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 12.76%. Additionally, its Average True Range was 1.02.

During the past 100 days, Dorian LPG Ltd’s (LPG) raw stochastic average was set at 2.47%, which indicates a significant decrease from 6.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.28% in the past 14 days, which was lower than the 34.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.02, while its 200-day Moving Average is $38.59. Now, the first resistance to watch is $28.09. This is followed by the second major resistance level at $28.83. The third major resistance level sits at $29.42. If the price goes on to break the first support level at $26.76, it is likely to go to the next support level at $26.17. Should the price break the second support level, the third support level stands at $25.43.

Dorian LPG Ltd (NYSE: LPG) Key Stats

There are currently 42,619K shares outstanding in the company with a market cap of 1.21 billion. Presently, the company’s annual sales total 560,720 K according to its annual income of 307,450 K. Last quarter, the company’s sales amounted to 82,430 K and its income totaled 9,430 K.