A new trading day began on Friday, with Dorian LPG Ltd (NYSE: LPG) stock price down -3.03% from the previous day of trading, before settling in for the closing price of $23.40. LPG’s price has ranged from $23.17 to $48.53 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 -58.24%. With a float of $39.63 million, this company’s outstanding shares have now reached $42.80 million.
Let’s determine the extent of company efficiency that accounts for 577 employees. In terms of profitability, gross margin is 61.41%, operating margin of 53.33%, and the pretax margin is 47.87%.
Dorian LPG Ltd (LPG) Insider Activity
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 7.41%, while institutional ownership is 70.30%. 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 -58.24% 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 4.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88. Likewise, its price to free cash flow for the trailing twelve months is 3.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.89, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 4.14 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 0.76 million, which is a jump from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 6.48%. Additionally, its Average True Range was 0.92.
During the past 100 days, Dorian LPG Ltd’s (LPG) raw stochastic average was set at 1.15%, which indicates a significant decrease from 5.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.73% in the past 14 days, which was lower than the 34.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.58, while its 200-day Moving Average is $37.34. However, in the short run, Dorian LPG Ltd’s stock first resistance to watch stands at $23.25. Second resistance stands at $23.82. The third major resistance level sits at $24.21. If the price goes on to break the first support level at $22.29, it is likely to go to the next support level at $21.90. Should the price break the second support level, the third support level stands at $21.34.
Dorian LPG Ltd (NYSE: LPG) Key Stats
With a market capitalization of 941.76 million, the company has a total of 42,804K Shares Outstanding. Currently, annual sales are 560,720 K while annual income is 307,450 K. The company’s previous quarter sales were 82,430 K while its latest quarter income was 9,430 K.
