Dynagas LNG Partners (NYSE:DLNG) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Dynagas LNG Partners LP (NYSE:DLNG) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3.91 and traded as low as $3.72. Dynagas LNG Partners shares last traded at $3.72, with a volume of 28,378 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wall Street Zen upgraded Dynagas LNG Partners from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings raised Dynagas LNG Partners from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Dynagas LNG Partners has an average rating of “Hold”.

Dynagas LNG Partners Trading Down 0.8%

The stock has a market capitalization of $135.48 million, a price-to-earnings ratio of 2.45 and a beta of 0.53. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.61 and a current ratio of 0.63. The business has a 50-day moving average of $3.91 and a 200-day moving average of $3.91.

Dynagas LNG Partners (NYSE:DLNG) last announced its earnings results on Friday, May 29th. The shipping company reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. The firm had revenue of $39.94 million during the quarter, compared to analysts’ expectations of $36.92 million. Dynagas LNG Partners had a return on equity of 13.59% and a net margin of 41.60%.

Dynagas LNG Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.4%. Dynagas LNG Partners’s dividend payout ratio is 13.16%.

Institutional Trading of Dynagas LNG Partners

A number of large investors have recently made changes to their positions in the company. Sei Investments Co. lifted its position in Dynagas LNG Partners by 307.3% during the 1st quarter. Sei Investments Co. now owns 56,071 shares of the shipping company’s stock worth $240,000 after acquiring an additional 42,306 shares during the period. IMC Chicago LLC acquired a new stake in Dynagas LNG Partners during the 1st quarter worth approximately $51,000. Virtu Financial LLC acquired a new stake in Dynagas LNG Partners during the 4th quarter worth approximately $100,000. XTX Topco Ltd acquired a new stake in Dynagas LNG Partners during the 4th quarter worth approximately $57,000. Finally, Diversified Enterprises LLC acquired a new stake in Dynagas LNG Partners during the 4th quarter worth approximately $81,000.

About Dynagas LNG Partners

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.