Dynagas LNG Partners (NYSE:DLNG) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a report published on Friday morning. The brokerage issued a strong-buy rating on the shipping company’s stock.

Dynagas LNG Partners Stock Performance

DLNG opened at $3.87 on Friday. Dynagas LNG Partners has a 12-month low of $2.27 and a 12-month high of $4.24. The company has a market cap of $142.27 million, a price-to-earnings ratio of 5.45 and a beta of 1.37. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The company’s 50 day moving average is $3.79 and its 200 day moving average is $3.80.

Dynagas LNG Partners (NYSE:DLNG) last posted 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). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The company had revenue of $37.62 million during the quarter, compared to analysts’ expectations of $37.92 million. During the same quarter last year, the company earned $0.08 earnings per share. On average, equities research analysts predict that Dynagas LNG Partners will post 1.05 EPS for the current year.

Dynagas LNG Partners Company Profile

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.