Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $14.8300 on Dynagas LNG Partners LP (NYSE:DLNG) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.8400 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Dynagas LNG Partners LP (NYSE:DLNG) stands at 9.2155.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Dynagas LNG Partners LP Common , the PEG ratio for coming 3-5 years is -2.5200.
The technical analysis highlights that Dynagas LNG Partners LP Common current is trading $1.2235 points away or +8.7562% from its 50-day moving average of $13.9729. Further it is trading $2.8952 or +23.5359% away its 200-day moving average of $12.3012.
The 52-week high of Dynagas LNG Partners LP (NYSE:DLNG) was $15.7200 while lowest point recorded in 52-week was $6.7000. It implies if stock price makes a movement of over $-0.5236, it will record a new 52-week high. In the case of +126.8119% drop, it will touch a new 52-week low.
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