Do Traders Think Dorian LPG Ltd (LPG) Can Keep Climbing Monday?

Dorian LPG Ltd (LPG) stock has gained 5.21% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Dorian LPG Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LPG!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LPG Stock Today?

Dorian LPG Ltd (LPG) stock is up 4.06% while the S&P 500 has fallen -0.23% as of 10:49 AM on Monday, Apr 1. LPG is higher by $1.56 from the previous closing price of $38.46 on volume of 393,372 shares. Over the past year the S&P 500 has gained 27.09% while LPG is higher by 101.92%. LPG earned $7.53 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.33. To screen for more stocks like Dorian LPG Ltd click here.

More About Dorian LPG Ltd

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. Click Here to get the full Stock Report for Dorian LPG Ltd stock.