Dynagas LNG Partners (NYSE:DLNG) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Dynagas LNG Partners (NYSE:DLNG) in a report released on Thursday morning. The firm issued a strong-buy rating on the shipping company’s stock.

Dynagas LNG Partners Stock Performance

DLNG stock opened at $3.15 on Thursday. The company has a current ratio of 2.83, a quick ratio of 2.46 and a debt-to-equity ratio of 1.30. The business’s fifty day moving average price is $2.93 and its two-hundred day moving average price is $2.78. Dynagas LNG Partners has a fifty-two week low of $2.27 and a fifty-two week high of $3.20.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DLNG. Citigroup Inc. bought a new position in Dynagas LNG Partners during the 1st quarter worth $34,000. UBS Group AG increased its position in shares of Dynagas LNG Partners by 60.3% in the first quarter. UBS Group AG now owns 43,594 shares of the shipping company’s stock worth $175,000 after purchasing an additional 16,400 shares during the period. BNP Paribas Arbitrage SA bought a new position in shares of Dynagas LNG Partners in the first quarter worth $159,000. Cubist Systematic Strategies LLC bought a new position in shares of Dynagas LNG Partners in the second quarter worth $35,000. Finally, Jane Street Group LLC bought a new position in shares of Dynagas LNG Partners in the fourth quarter worth $64,000.

About Dynagas LNG Partners

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP.