Dorian LPG Ltd (LPG) rating upgrades by 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 $3.47 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 $1.22 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 Monday, Dorian LPG Ltd [NYSE:LPG] saw its stock fall -0.08% to $25.03. Over the last five days, the stock has gained 12.19%. Dorian LPG Ltd shares have risen nearly 7.94% since the year began. Nevertheless, the stocks have fallen -35.45% over the past one year. While a 52-week high of $39.20 was reached on 01/15/25, a 52-week low of $16.31 was recorded on 04/04/25.

Levels Of Support And Resistance For LPG Stock

The 24-hour chart illustrates a support level at 24.56, which if violated will result in even more drops to 24.08. On the upside, there is a resistance level at 25.53. A further resistance level may holdings at 26.02.

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