Dynagas LNG Partners (NYSE:DLNG) Rating Lowered to Buy at StockNews.com

Dynagas LNG Partners (NYSE:DLNG) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Friday.

Dynagas LNG Partners Trading Down 1.0 %

DLNG opened at $3.78 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.89. Dynagas LNG Partners has a 52 week low of $2.27 and a 52 week high of $4.24. The stock has a market cap of $139.26 million, a PE ratio of 5.32 and a beta of 1.39. The business has a 50 day moving average of $3.76 and a 200-day moving average of $3.66.

Dynagas LNG Partners (NYSE:DLNG) 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 firm had revenue of $37.62 million for the quarter, compared to analysts’ expectations of $37.92 million. Dynagas LNG Partners had a net margin of 21.27% and a return on equity of 11.77%. During the same period in the prior year, the business posted $0.08 EPS. Equities research analysts predict that Dynagas LNG Partners will post 1.05 earnings per share for the current fiscal 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.