Dynagas LNG Partners LP (DLNG) Surges to All-Time Low, Is Now Worst Performer

The stock of Dynagas LNG Partners LP (NYSE:DLNG) reached all time low today, Aug, 15 and still has $1.11 target or 6.00 % below today’s $1.18 share price. This indicates more downside for the $41.88 million company. This technical setup was reported by Barchart.com. If the $1.11 PT is reached, the company will be worth $2.51 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 3.28% or $0.04 during the last trading session, reaching $1.18. About 56,247 shares traded. Dynagas LNG Partners LP (NYSE:DLNG) has declined 82.17% since August 15, 2018 and is downtrending. It has underperformed by 82.17% the S&P500.

More notable recent Dynagas LNG Partners LP (NYSE:DLNG) news were published by: Gurufocus.com which released: “Berger Montague Investigates Class Action Claims Against Dynagas LNP Partners LP (NYSE: DLNG); Lead Plaintiff Deadline is July 16, 2019 – GuruFocus.com” on May 20, 2019, also Globenewswire.com with their article: “Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2019 – GlobeNewswire” published on June 05, 2019, Seekingalpha.com published: “Dynagas LNG – A Trade That Returned 90% Gives Us A Second Bite Of The Apple – Seeking Alpha” on July 05, 2019. More interesting news about Dynagas LNG Partners LP (NYSE:DLNG) were released by: Seekingalpha.com and their article: “LNG Shipping Sector – Drop With Low Volume – Seeking Alpha” published on February 27, 2019 as well as Seekingalpha.com‘s news article titled: “Dynagas LNG Partners LP 9 % Cum Red Pfd Units Series A declares $0.5625 dividend – Seeking Alpha” with publication date: July 24, 2019.

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company has market cap of $41.88 million. The firm owns and operates liquefied natural gas carriers. It currently has negative earnings. As of March 20, 2017, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 913,980 cubic meters.

Dynagas LNG Partners LP (NYSE:DLNG) Ratings Chart

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