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

Investment analysts at StockNews.com started coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a research note issued to investors on Thursday. The brokerage set a “strong-buy” rating on the shipping company’s stock.

Dynagas LNG Partners Stock Performance

Shares of Dynagas LNG Partners stock opened at $3.79 on Thursday. 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 business has a 50-day moving average price of $3.77 and a two-hundred day moving average price of $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 market cap of $139.47 million, a P/E ratio of 5.34 and a beta of 1.37.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings results on Tuesday, September 10th. The shipping company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The business had revenue of $37.62 million for the quarter, compared to analyst estimates 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 previous year, the business posted $0.08 earnings per share. As a group, analysts anticipate 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.