Market Highlights: Dorian LPG Ltd (LPG) Ends on a High Note at 44.10

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The price of Dorian LPG Ltd (NYSE: LPG) closed at $44.10 in the last session, up 0.75% from day before closing price of $43.77. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.68 million shares were traded. LPG stock price reached its highest trading level at $44.33 during the session, while it also had its lowest trading level at $43.46.

Ratios:

We take a closer look at LPG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.74. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.74.

On November 20, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $37 to $50.

Pareto Upgraded its Hold to Buy on October 16, 2023, whereas the target price for the stock was revised from $27 to $35.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 12 ’24 when HADJIPATERAS JOHN C bought 5,000 shares for $42.58 per share. The transaction valued at 212,900 led to the insider holds 1,777,740 shares of the business.

Tan Christina sold 4,371 shares of LPG for $194,510 on Dec 20 ’23. The Director now owns 0 shares after completing the transaction at $44.50 per share. On Dec 19 ’23, another insider, Tan Christina, who serves as the Director of the company, sold 5,629 shares for $44.50 each. As a result, the insider received 250,490 and left with 4,371 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPG now has a Market Capitalization of 1790155648 and an Enterprise Value of 2394684672. As of this moment, Dorian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.85, and their Forward P/E ratio for the next fiscal year is 7.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 4.334 whereas that against EBITDA is 6.122.

Stock Price History:

Over the past 52 weeks, LPG has reached a high of $47.09, while it has fallen to a 52-week low of $18.74. The 50-Day Moving Average of the stock is 14.96%, while the 200-Day Moving Average is calculated to be 29.74%.

Shares Statistics:

According to the various share statistics, LPG traded on average about 773.75K shares per day over the past 3-months and 743100 shares per day over the past 10 days. A total of 40.38M shares are outstanding, with a floating share count of 37.58M. Insiders hold about 7.42% of the company’s shares, while institutions hold 63.09% stake in the company. Shares short for LPG as of 1713139200 were 3596002 with a Short Ratio of 4.65, compared to 1710460800 on 3430807. Therefore, it implies a Short% of Shares Outstanding of 3596002 and a Short% of Float of 12.509999999999998.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.091386795

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