Dorian LPG Ltd’s recent filing unveils that its Director LORENTZEN OIVIND unloaded Company’s shares for reported $0.54 million on Dec 20 ’24. In the deal valued at $23.11 per share,23,386 shares were sold. As a result of this transaction, LORENTZEN OIVIND now holds 48,933 shares worth roughly $0.88 million.
Then, LORENTZEN OIVIND bought 23,386 shares, generating $541,853 in total proceeds.
Before that, Hadjipateras Alexander C. sold 2,500 shares. Dorian LPG Ltd shares valued at $90,300 were divested by the Chief Operating Officer at a price of $36.12 per share. As a result of the transaction, Hadjipateras Alexander C. now holds 82,823 shares, worth roughly $1.48 million.
DNB Markets upgraded its Dorian LPG Ltd [LPG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including DNB Markets’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. Jefferies also remained covering LPG and has increased its forecast on November 20, 2023 with a “Buy” recommendation from previously “Hold” rating. Pareto revised its rating on October 16, 2023. It rated LPG as “a Buy” which previously was an “a Hold”.
Price Performance Review of LPG
On Tuesday, Dorian LPG Ltd [NYSE:LPG] saw its stock fall -6.91% to $17.91. Over the last five days, the stock has lost -19.03%. Dorian LPG Ltd shares have fallen nearly -24.39% since the year began. Nevertheless, the stocks have fallen -49.85% over the past one year. While a 52-week high of $47.17 was reached on 01/15/25, a 52-week low of $16.66 was recorded on 04/04/25. SMA at 50 days reached $22.14, while 200 days put it at $29.88.
Levels Of Support And Resistance For LPG Stock
The 24-hour chart illustrates a support level at 16.93, which if violated will result in even more drops to 15.95. On the upside, there is a resistance level at 19.57. A further resistance level may holdings at 21.23. The Relative Strength Index (RSI) on the 14-day chart is 32.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.61%. Stochastics %K at 20.91% indicates the stock is a holding.
How much short interest is there in Dorian LPG Ltd?
A steep rise in short interest was recorded in Dorian LPG Ltd stocks on 2025-03-14, growing by 0.42 million shares to a total of 2.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.99 million shares. There was a rise of 17.54%, which implies that there is a positive sentiment for the stock.
