Dynagas LNG Partners (NYSE:DLNG) Coverage Initiated by Analysts at StockNews.com

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

Dynagas LNG Partners Trading Down 1.3 %

NYSE:DLNG opened at $3.76 on Thursday. The company has a market cap of $138.37 million, a P/E ratio of 5.30 and a beta of 1.37. The stock’s fifty day moving average price is $3.78 and its two-hundred day moving average price is $3.76. Dynagas LNG Partners has a 1 year low of $2.27 and a 1 year high of $4.24. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.70 and a quick ratio of 0.69.

Dynagas LNG Partners (NYSE:DLNG) last posted its earnings results on Tuesday, September 10th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.03). The company had revenue of $37.62 million for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the company earned $0.08 EPS. As a group, analysts expect that Dynagas LNG Partners will post 1.05 EPS for the current 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.