Dynagas LNG Partners (NYSE:DLNG) Earns Strong-Buy Rating from Analysts at StockNews.com

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

Separately, TheStreet lowered Dynagas LNG Partners from a c rating to a d+ rating in a research note on Friday, December 8th.

Dynagas LNG Partners Trading Up 1.5 %

DLNG stock opened at $2.75 on Monday. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.37. Dynagas LNG Partners has a 1 year low of $2.27 and a 1 year high of $3.19. The stock has a 50-day simple moving average of $2.87 and a 200-day simple moving average of $2.75.

Institutional Trading of Dynagas LNG Partners

Several hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. bought a new stake in shares of Dynagas LNG Partners in the 1st quarter worth $34,000. Cubist Systematic Strategies LLC bought a new stake in shares of Dynagas LNG Partners in the 2nd quarter worth $35,000. Apollon Wealth Management LLC acquired a new position in shares of Dynagas LNG Partners in the 4th quarter worth $42,000. BNP Paribas Arbitrage SNC grew its holdings in shares of Dynagas LNG Partners by 104.7% in the 2nd quarter. BNP Paribas Arbitrage SNC now owns 25,214 shares of the shipping company’s stock worth $63,000 after acquiring an additional 12,894 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Dynagas LNG Partners in the 4th 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.