Shares of Dorian LPG Ltd. (LPG) Rise Above Previous 52-Week High

May 6, 2022 09:03:06

Dorian LPG Ltd. (NYSE:LPG) traded today at a new 52-week high of $17.59. This new high was reached on below average trading volume as 158,000 shares traded hands, while the average 30-day volume is approximately 639,000 shares.

In the past 52 weeks, Dorian LPG Ltd. share prices are bracketed by a low of $10.77 and a high of $17.59 and is now at $17.43, 62% above that low price.

Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

There is potential upside of 2.4% for shares of Dorian LPG Ltd. based on a current price of $17.43 and an average consensus analyst price target of $17.86.

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