Dorian LPG Ltd. (LPG) Plunges 6.42% on November 16

Equities Staff  |

Dorian LPG Ltd. (LPG) had a rough trading day for Thursday November 16 as shares tumbled 6.42%, or a loss of $-0.5 per share, to close at $7.29. After opening the day at $7.71, shares of Dorian LPG Ltd. traded as high as $7.83 and as low as $7.20. Volume was 241,319 shares over 2,076 trades, against an average daily volume of 146,596 shares and a total float of 55.12 million.

As a result of the decline, Dorian LPG Ltd. now has a market cap of $401.79 million. In the last year, shares of Dorian LPG Ltd. have traded between a range of $12.50 and $6.20, and its 50-day SMA is currently $7.57 and 200-day SMA is $8.42.

For a complete fundamental analysis of Dorian LPG Ltd., check out Equities.com’s Stock Valuation Analysis report for LPG.

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Dorian LPG Ltd is an LPG shipping company engaged in owning and operating liquefied petroleum gas tankers.

Dorian LPG Ltd. is based out of Stamford, CT and has some 586 employees. Its CEO is John C. Hadjipateras.

Dorian LPG Ltd. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Dorian LPG Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: LPG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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