Dynagas LNG Partners (NYSE:DLNG) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a research note issued on Thursday. The firm set a “strong-buy” rating on the shipping company’s stock.

Dynagas LNG Partners Price Performance

Shares of NYSE DLNG opened at $3.79 on Thursday. Dynagas LNG Partners has a fifty-two week low of $2.27 and a fifty-two week high of $4.24. The stock has a market cap of $139.47 million, a price-to-earnings ratio of 5.34 and a beta of 1.37. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.69 and a current ratio of 0.70. The firm’s 50-day simple moving average is $3.77 and its 200 day simple moving average is $3.76.

Dynagas LNG Partners (NYSE:DLNG) last posted its earnings results on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.03). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The firm had revenue of $37.62 million for the quarter, compared to the consensus estimate of $37.92 million. During the same period in the prior year, the business earned $0.08 EPS. As a group, research analysts anticipate that Dynagas LNG Partners will post 1.05 earnings per share for the current fiscal year.

About Dynagas LNG Partners

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.