BW LPG Limited (NYSE:BWLP) price on Friday, June 13, rose 3.45% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.98.
A look at the stock’s price movement, the close in the last trading session was $11.58. The PE ratio in trailing twelve months stood at 6.33. Turning to its 52-week performance, $19.36 and $7.86 were the 52-week high and 52-week low respectively. Overall, BWLP moved 0.76% over the past month.
BW LPG Limited’s market cap currently stands at around $1.82 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 2.70, with its dividend yield at 22.54%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 165.09M for the company’s revenue for the quarter, with a low and high estimate of 164.17M and 166M respectively. The average forecast suggests down to a -8.39% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 788.61M, representing a -0.05% decline on that reported in the last financial year.
BWLP’s current price about 8.88% and 15.80% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.29, while 7-day volatility ratio is 1.71% and 2.97% in the 30-day chart. Further, BW LPG Limited (BWLP) has a beta value of 0, and an average true range (ATR) of 0.38.
If we refocus on BW LPG Limited (NYSE:BWLP), historical trading data shows that trading volumes averaged 426.52K over the past 3 months. The company’s latest data on shares outstanding shows there are 151.66 million shares.
The 45.27% of BW LPG Limited’s shares are in the hands of company insiders while institutional holders own 27.78% of the company’s shares. Current price change has pushed the stock 5.46% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BWLP stock continues to rise going into the next quarter.
