Dynagas LNG Partners (DLNG) Crumbles: Stock Falls by 5.5%


Dynagas LNG Partners LP (DLNG) saw a big move last session, as the company’s shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for DLNG, as the stock is now down around 29% in the past one-month time frame.

Although this slump was obviously disappointing, this transport services provider has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for DLNG. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

DLNG currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the Trans-Services industry include Matson, Inc. (MATX), CH Robinson Worldwide Inc. (CHRW) and Echo Global Logistics, Inc. (ECHO). While Matson holds a Zacks Rank #1 (Strong Buy), CH Robinson and Echo Global hold a Zacks Rank #2 (Buy).

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DYNAGAS LNG PARTNERS LP (DLNG): Free Stock Analysis Report

MATSONS INC (MATX): Free Stock Analysis Report

CH ROBINSON WORLDWIDE INC (CHRW): Free Stock Analysis Report

ECHO GLOBAL LOGISTICS INC (ECHO): Free Stock Analysis Report


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