Dynagas LNG Partners LP (DLNG) Stock Price Hits All-Time Low Today

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: Globenewswire.com which released: “INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Dynagas LNG Partners LP and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – GlobeNewswire” on May 28, 2019, also Globenewswire.com with their article: “Bragar Eagel & Squire, PC Reminds Investors That Class Action Lawsuits Have Been Filed Against Jumia Technologies, Intersect ENT, Momo, and Dynagas and Encourages Investors to Contact the Firm – GlobeNewswire” published on July 08, 2019, Globenewswire.com published: “Dynagas LNG Partners LP Announces the Date of its 2018 Annual General Meeting of Limited Partners – GlobeNewswire” on October 25, 2018. More interesting news about Dynagas LNG Partners LP (NYSE:DLNG) were released by: Benzinga.com and their article: “Zhang Investor Law Reminds Investors of Deadline in Securities Class Action Lawsuit Against Dynagas LNG Partners LP – DLNG – Benzinga” published on July 05, 2019 as well as Stockhouse.com‘s news article titled: “CLASS ACTION UPDATE for DLNG, INS and FRED: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – Stockhouse” with publication date: July 14, 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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