BW LPG Limited (NYSE:BWLP – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $14.95, but opened at $14.39. BW LPG shares last traded at $14.44, with a volume of 57,689 shares.
BW LPG Stock Down 0.2 %
The company has a current ratio of 1.63, a quick ratio of 1.45 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average price of $15.12.
BW LPG (NYSE:BWLP – Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 EPS for the quarter. The firm had revenue of $876.49 million for the quarter.
BW LPG Cuts Dividend
Hedge Funds Weigh In On BW LPG
A number of large investors have recently made changes to their positions in BWLP. Optimum Investment Advisors boosted its stake in shares of BW LPG by 644.0% during the 3rd quarter. Optimum Investment Advisors now owns 18,600 shares of the company’s stock worth $268,000 after purchasing an additional 16,100 shares during the period. XTX Topco Ltd purchased a new stake in BW LPG in the 2nd quarter valued at about $280,000. Exchange Traded Concepts LLC purchased a new stake in BW LPG in the 3rd quarter valued at about $312,000. Susquehanna International Group Ltd. purchased a new stake in shares of BW LPG in the 2nd quarter worth approximately $441,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of BW LPG in the 2nd quarter worth approximately $594,000.
About BW LPG
BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.
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