Dynagas LNG Partners (NYSE:DLNG) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Dynagas LNG Partners LP (NYSE:DLNG) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.72 and traded as low as $3.67. Dynagas LNG Partners shares last traded at $3.7210, with a volume of 28,299 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Dynagas LNG Partners in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Dynagas LNG Partners currently has an average rating of “Hold”.

Dynagas LNG Partners Price Performance

The firm has a market capitalization of $136.86 million, a P/E ratio of 2.91 and a beta of 0.73. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $3.72 and its 200-day moving average is $3.65.

Dynagas LNG Partners (NYSE:DLNG) last issued its earnings results on Thursday, November 20th. The shipping company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. Dynagas LNG Partners had a return on equity of 15.62% and a net margin of 37.92%.The firm had revenue of $37.04 million for the quarter, compared to the consensus estimate of $37.78 million. As a group, sell-side analysts predict that Dynagas LNG Partners LP will post 1.08 EPS for the current fiscal year.

Dynagas LNG Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 10th were given a $0.05 dividend. This is a boost from Dynagas LNG Partners’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, November 10th. Dynagas LNG Partners’s dividend payout ratio (DPR) is presently 15.63%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Susquehanna International Group LLP boosted its stake in shares of Dynagas LNG Partners by 430.1% in the 3rd quarter. Susquehanna International Group LLP now owns 146,196 shares of the shipping company’s stock valued at $513,000 after purchasing an additional 118,616 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new position in Dynagas LNG Partners in the 3rd quarter valued at approximately $36,000. Geneos Wealth Management Inc. boosted its position in Dynagas LNG Partners by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock valued at $151,000 after buying an additional 21,518 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of Dynagas LNG Partners during the second quarter worth $36,000. Finally, Acadian Asset Management LLC increased its holdings in shares of Dynagas LNG Partners by 548.8% during the first quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock worth $692,000 after buying an additional 155,902 shares in the last quarter.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.