Analyzing Stock On Your Own: Dorian LPG Ltd (NYSE: LPG)

Dorian LPG Ltd (NYSE:LPG) does about 775.26K shares in volume on a normal day but saw 1393771 shares change hands in Friday’s trading. The company now has a market cap of 1.80B USD. Its current market price is $44.27, marking a decrease of -1.51% compared to the previous close of $44.95. The 52 week high reached by this stock is $51.66 whilst the lowest price level in 52 weeks is $20.50.

Dorian LPG Ltd (LPG) has a 20-day trading average at $46.34 and the current price is -14.30% off the 52-week high compared with 116.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $43.07 and its 200-day simple moving average is $37.74. If we look at the stock’s price movements over the week, volatility stands at 3.83%, which decreases to 3.65% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.01 to suggest the stock is neutral.

The consensus objective for the share price is $43.86, suggesting that the stock has a potential downside of -0.93% over the period.

Jefferies upgraded the stock to “Buy” from Hold on November 20, 2023 at a price target of $37-$50. Pareto upgraded its price target at $27-$35.

Dorian LPG Ltd (LPG) stock is down -12.53% over the week and 1.14% over the past month. Its price is 6.16% year-to-date and 111.78% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -0.93 percent from here.

The company has a return on investment of 17.73% and return on equity of 32.41%. The price to earnings ratio (P/E ratio) amounts to 5.83 while the forward price to earnings ratio is 7.96. The beta has a value of 1.08. Price to book ratio is 1.76 and price to sales ratio is 3.21.