Dorian LPG, Ltd. LPG Stock Analysis

Dorian LPG, Ltd. stock trades under the ticker LPG & has shown recent bullishness that traders & investors should research further.

LPG stock closed at $15.27/share on 7/15/2022.

Dorian LPG, Ltd. LPG Stock’s Technical Performance Broken Down

Dorian LPG, Ltd. LPG Stock's Technical Performance Over The Last Year

LPG Stock Price: $15.27

10 Day Moving Average: $14.64

50 Day Moving Average: $15.61

200 Day Moving Average: $12.15

RSI: 51.84

MACD: -0.234

On Friday, LPG stock completed a bullish MACD crossover, climbing 2.9% to settle above its 10 day moving average.

With a neutrak RSI there is potential for more near-term momentum, but recent trading volumes have been light, signaling that there is still uncertainty in the market.

They will need to break above the $15.78 & $16.46/share resistance level as they continue climbing higher.

Dorian LPG, Ltd. LPG Stock As A Long-Term Investment

Long-term oriented investors will like LPG stock’s valuation metrics, with a 8.58 P/E (ttm) & a 0.67 P/B (mrq).

They recently reported -22.7% Quarterly Revenue Growth Y-o-Y, with -19.6% Quarterly Earnings Growth Y-o-Y, which may be a cause for concern to investors.

Their balance sheet also will require some additional research before making an investment, with $236.8M of Total Cash (mrq) & $670.8M of Total Debt (mrq).

LPG stock pays a 30.32% dividend yield, which appears to not be sustainable in the long-run, as their payout ratio is 112.4%.

Still, 73.6% of LPG stock’s outstanding share float is owned by institutional investors.

Dorian LPG, Ltd. LPG Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to hedge against market volatility, while profiting from movements in LPG stock’s price.

I am looking at the contracts with the 8/19 expiration date.

The $15 & $12.50 call options are in-the-money, with the former being the most liquid.

There are no in-the-money puts currently, unless we look to 9/16’s expiration, where the $17.50, $20 & $25 contracts are in-the-money.

Tying It All Together

LPG stock has many interesting attributes that traders & investors should find appealing.

Investors will like their valuation metrics, but may be disappointed in how unsustainable their dividend’s payout ratio is (although their yield is still quite high).

Traders will like their current momentum, but may be disappointed by how illiquid their options are.

All-in-all, it is worth taking a closer look into EGLE stock to see how it fits into your portfolio strategy.

*** I DO NOT OWN SHARES OF LPG STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***