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Dorian LPG Ltd (LPG) receives a Buy rating from DNB Markets

Dorian LPG Ltd’s filing revealed that its President and CEO HADJIPATERAS JOHN C acquired Company’s shares for reported $0.31 million on Apr 08 ’25. In the deal valued at $17.75 per share,17,500 shares were bought. As a result of this transaction, HADJIPATERAS JOHN C now holds 138,500 shares worth roughly $2.84 million.

Then, HADJIPATERAS JOHN C bought 12,500 shares, generating $221,875 in total proceeds. Upon buying the shares at $17.75, the President and CEO now owns 1,824,386 shares.

Before that, LORENTZEN OIVIND sold 23,386 shares. Dorian LPG Ltd shares valued at $540,450 were divested by the Director at a price of $23.11 per share. As a result of the transaction, LORENTZEN OIVIND now holds 48,933 shares, worth roughly $1.01 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 Friday, Dorian LPG Ltd [NYSE:LPG] saw its stock jump 12.92% to $20.54. Over the last five days, the stock has gained 18.45%. Dorian LPG Ltd shares have fallen nearly -13.29% since the year began. Nevertheless, the stocks have fallen -40.37% 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 $21.81, while 200 days put it at $29.53.

Levels Of Support And Resistance For LPG Stock

The 24-hour chart illustrates a support level at 19.44, which if violated will result in even more drops to 18.35. On the upside, there is a resistance level at 21.11. A further resistance level may holdings at 21.69. The Relative Strength Index (RSI) on the 14-day chart is 48.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.04%. Stochastics %K at 35.14% 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 2025-03-31, dropping by -1.07 million shares to a total of 1.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.26 million shares. There was a decline of -90.12%, which implies that there is a negative sentiment for the stock.

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