Notable Runner: It Seems Dorian LPG Ltd Will Go Up. Have Another Big Increase

Notable Runner: It Seems Dorian LPG Ltd Will Go Up. Have Another Big Increase

The stock of Dorian LPG Ltd (NYSE:LPG) is a huge mover today! About 148,689 shares traded hands. Dorian LPG Ltd (NYSE:LPG) has declined 45.50% since March 15, 2016 and is downtrending. It has underperformed by 50.98% the S&P500.
The move comes after 9 months positive chart setup for the $318.51M company. It was reported on Oct, 18 by We have $11.54 PT which if reached, will make NYSE:LPG worth $270.73 million more.

Analysts await Dorian LPG Ltd (NYSE:LPG) to report earnings on November, 4.

Dorian LPG Ltd (NYSE:LPG) Ratings Coverage

Out of 3 analysts covering Dorian LPG (NYSE:LPG), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Dorian LPG has been the topic of 3 analyst reports since December 18, 2015 according to StockzIntelligence Inc. UBS downgraded Dorian LPG Ltd (NYSE:LPG) rating on Tuesday, March 22. UBS has “Neutral” rating and $19 price target. The stock of Dorian LPG Ltd (NYSE:LPG) earned “Overweight” rating by JP Morgan on Friday, December 18. The stock of Dorian LPG Ltd (NYSE:LPG) has “Market Perform” rating given on Tuesday, January 26 by Wells Fargo.

According to Zacks Investment Research, “Dorian LPG Ltd is a liquefied petroleum gas shipping company. It is primarily focused on owning and operating Very Large Gas Carriers (VLGCs). The Company offers its services worldwide. Dorian LPG Ltd is headquartered in the United States.”

More notable recent Dorian LPG Ltd (NYSE:LPG) news were published by: which released: “Dorian LPG Ltd. (LPG) Given Average Recommendation of “Hold” by Brokerages” on October 18, 2016, also with their article: “Dorian LPG Ltd. Maritime Investor Conference Presentation Now Available for On …” published on October 12, 2016, published: “Dorian LPG Ltd. Announces First Quarter Fiscal Year 2017 Financial Results” on July 28, 2016. More interesting news about Dorian LPG Ltd (NYSE:LPG) were released by: and their article: “Dorian LPG Ltd. Announces Third Quarter Fiscal 2016 Financial Results” published on January 29, 2016 as well as‘s news article titled: “/quotes/zigman/3870025/realtime” with publication date: May 07, 2014.

LPG Company Profile

Dorian LPG Ltd., incorporated on July 1, 2013, is a holding company. The Company, through its subsidiaries, is focused on owning and operating very large gas carrier (VLGCs) in the liquefied petroleum gas (LPG) shipping industry. The Firm is engaged in the transportation of LPG across the world through its ownership and operation of LPG tankers. As of March 31, 2016, the Company owned and operated a fleet of 22 VLGCs, including 19 84,000 cubic meter (cbm) ECO-design VLGCs (ECO VLGCs) and three 82,000 cbm VLGCs. The VLGCs in the Company’s fleet had an aggregate carrying capacity of approximately 1.8 million cbm at May 26, 2016.

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