Dynagas LNG Partners (NYSE:DLNG) Raised to “Strong-Buy” at StockNews.com

StockNews.com upgraded shares of Dynagas LNG Partners (NYSE:DLNG) from a buy rating to a strong-buy rating in a report issued on Saturday.

Dynagas LNG Partners Price Performance

DLNG stock opened at $3.88 on Friday. The stock has a market cap of $142.94 million, a price-to-earnings ratio of 5.46 and a beta of 1.37. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.70 and a quick ratio of 0.69. The company has a 50 day simple moving average of $3.76 and a 200 day simple moving average of $3.71. Dynagas LNG Partners has a 1 year low of $2.27 and a 1 year high of $4.24.

Dynagas LNG Partners (NYSE:DLNG) last announced its quarterly earnings results on Tuesday, September 10th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.03). Dynagas LNG Partners had a return on equity of 11.77% and a net margin of 21.27%. The company had revenue of $37.62 million for the quarter, compared to analyst estimates of $37.92 million. During the same quarter last year, the company posted $0.08 earnings per share. Research analysts anticipate that Dynagas LNG Partners will post 1.05 EPS for the current fiscal 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.