Dorian Lpg Ltd. (LPG) Stock Surges Over 5% Amid Positive Earnings and Analyst Ratings

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5 days ago
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Dorian Lpg Ltd. (LPG, Financial) experienced a significant stock price increase of 5.06%, reaching $26.16 per share. The trading volume was 361,781 shares with a turnover rate of 0.85% and a price fluctuation of 2.69%.

The company's recent financial report revealed an operating revenue of $82.43 million, a net profit of $9.43 million, and earnings per share of $0.22. The gross profit stood at $34.92 million with a price-to-earnings ratio of 4.45.

In terms of analyst ratings, 80% of the five participating institutions recommended buying the stock, while 20% suggested holding, with no sell recommendations.

Within the oil and gas midstream industry, where Dorian Lpg Ltd. operates, the overall sector saw a slight decline of 0.15%. Among related stocks, Frontline Plc, International Seaways, Inc., and Tsakos Energy Navigation Ltd displayed notable activity. BPT Trust and Ocean Petroleum Trust showed significant price fluctuations of 7.60% and 6.51%, respectively.

Dorian LPG Ltd. is an international LPG shipping company focused on owning and operating Very Large Gas Carriers (VLGCs). The company manages approximately 22 modern VLGCs, including 19 eco-friendly 84,000 cubic meter ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, UK, and Athens, Greece.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.