Dynagas LNG Partners (NYSE:DLNG) Upgraded to Strong-Buy by StockNews.com

by · The Cerbat Gem

StockNews.com upgraded shares of Dynagas LNG Partners (NYSE:DLNG – Free Report) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

Dynagas LNG Partners Stock Performance

NYSE DLNG opened at $3.88 on Friday. The business’s fifty day moving average is $3.76 and its 200-day moving average is $3.71. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a market capitalization of $142.94 million, a price-to-earnings ratio of 5.46 and a beta of 1.37. Dynagas LNG Partners has a one year low of $2.27 and a one year high of $4.24.

Dynagas LNG Partners (NYSE:DLNG – Get Free Report) last announced its quarterly earnings data on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.03). The company had revenue of $37.62 million during the quarter, compared to the consensus estimate of $37.92 million. Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. During the same period in the prior year, the firm posted $0.08 EPS. Equities research analysts predict that Dynagas LNG Partners will post 1.05 EPS for the current year.

About Dynagas LNG Partners

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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.

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