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Dorian LPG Ltd
Buy, Hold or Sell?

Let's analyse Dorian LPG Ltd together

PenkeI guess you are interested in Dorian LPG Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Dorian LPG Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Dorian LPG Ltd (30 sec.)










What can you expect buying and holding a share of Dorian LPG Ltd? (30 sec.)

How much money do you get?

How much money do you get?
€4.03
When do you have the money?
1 year
How often do you get paid?
56.5%

What is your share worth?

Current worth
€22.77
Expected worth in 1 year
€26.16
How sure are you?
95.7%

+ What do you gain per year?

Total Gains per Share
€7.17
Return On Investment
19.2%

For what price can you sell your share?

Current Price per Share
€37.43
Expected price per share
€31.95 - €43.79
How sure are you?
50%

1. Valuation of Dorian LPG Ltd (5 min.)




Live pricePrice per Share (EOD)

€37.43

Intrinsic Value Per Share

€82.52 - €97.54

Total Value Per Share

€105.29 - €120.31

2. Growth of Dorian LPG Ltd (5 min.)




Is Dorian LPG Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$984m$856.8m$59.9m6.5%

How much money is Dorian LPG Ltd making?

Current yearPrevious yearGrowGrow %
Making money$76m$32.9m$43.1m56.7%
Net Profit Margin54.4%38.3%--

How much money comes from the company's main activities?

3. Financial Health of Dorian LPG Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas Midstream industry (5 min.)




  Industry Rankings (Oil & Gas Midstream)  


Richest
#39 / 71

Most Revenue
#51 / 71

Most Profit
#33 / 71

What can you expect buying and holding a share of Dorian LPG Ltd? (5 min.)

Welcome investor! Dorian LPG Ltd's management wants to use your money to grow the business. In return you get a share of Dorian LPG Ltd.

What can you expect buying and holding a share of Dorian LPG Ltd?

First you should know what it really means to hold a share of Dorian LPG Ltd. And how you can make/lose money.

Speculation

The Price per Share of Dorian LPG Ltd is €37.43. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Dorian LPG Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Dorian LPG Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €22.77. Based on the TTM, the Book Value Change Per Share is €0.85 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.50 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.95 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Dorian LPG Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps2.466.6%2.035.4%0.812.2%0.802.1%0.671.8%
Usd Book Value Change Per Share1.504.0%0.902.4%-0.53-1.4%0.471.2%1.052.8%
Usd Dividend Per Share0.992.7%1.012.7%1.363.6%0.661.8%0.571.5%
Usd Total Gains Per Share2.496.7%1.915.1%0.822.2%1.133.0%1.634.3%
Usd Price Per Share42.57-28.85-15.74-14.85-13.76-
Price to Earnings Ratio4.32-3.50-5.34-14.26-11.00-
Price-to-Total Gains Ratio17.10-15.27-21.05-23.40-23.15-
Price to Book Ratio1.76-1.26-0.75-0.71-0.67-
Price-to-Total Gains Ratio17.10-15.27-21.05-23.40-23.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share39.833006
Number of shares25
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.010.66
Usd Book Value Change Per Share0.900.47
Usd Total Gains Per Share1.911.13
Gains per Quarter (25 shares)47.7228.15
Gains per Year (25 shares)190.88112.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1101901816647103
220118037213293216
3302270563198140329
4403361754264186442
5504451945330233555
66045411136396279668
77056311327463326781
88067211518529372894
990781117095954191007
10100790119006614651120

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%19.04.00.082.6%19.04.00.082.6%
Book Value Change Per Share4.00.00.0100.0%8.04.00.066.7%15.05.00.075.0%18.05.00.078.3%18.05.00.078.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%13.00.07.065.0%13.00.010.056.5%13.00.010.056.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%22.01.00.095.7%22.01.00.095.7%

Fundamentals of Dorian LPG Ltd

About Dorian LPG Ltd

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers (VLGCs). The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.

Fundamental data was last updated by Penke on 2024-03-27 12:03:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Dorian LPG Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Dorian LPG Ltd earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • A Net Profit Margin of 61.3% means that €0.61 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dorian LPG Ltd:

  • The MRQ is 61.3%. The company is making a huge profit. +2
  • The TTM is 54.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ61.3%TTM54.4%+7.0%
TTM54.4%YOY38.3%+16.1%
TTM54.4%5Y30.5%+23.9%
5Y30.5%10Y21.9%+8.6%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ61.3%28.3%+33.0%
TTM54.4%19.1%+35.3%
YOY38.3%13.2%+25.1%
5Y30.5%12.3%+18.2%
10Y21.9%7.7%+14.2%
1.1.2. Return on Assets

Shows how efficient Dorian LPG Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • 5.5% Return on Assets means that Dorian LPG Ltd generated €0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dorian LPG Ltd:

  • The MRQ is 5.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 4.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.5%TTM4.3%+1.2%
TTM4.3%YOY2.1%+2.2%
TTM4.3%5Y2.0%+2.3%
5Y2.0%10Y1.6%+0.3%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%2.1%+3.4%
TTM4.3%1.4%+2.9%
YOY2.1%1.6%+0.5%
5Y2.0%1.1%+0.9%
10Y1.6%1.0%+0.6%
1.1.3. Return on Equity

Shows how efficient Dorian LPG Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • 10.2% Return on Equity means Dorian LPG Ltd generated €0.10 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dorian LPG Ltd:

  • The MRQ is 10.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.2%TTM8.2%+1.9%
TTM8.2%YOY3.8%+4.4%
TTM8.2%5Y3.6%+4.7%
5Y3.6%10Y3.0%+0.6%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%4.8%+5.4%
TTM8.2%4.5%+3.7%
YOY3.8%4.7%-0.9%
5Y3.6%2.4%+1.2%
10Y3.0%2.2%+0.8%

1.2. Operating Efficiency of Dorian LPG Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Dorian LPG Ltd is operating .

  • Measures how much profit Dorian LPG Ltd makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dorian LPG Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM13.9%-13.9%
TTM13.9%YOY43.2%-29.3%
TTM13.9%5Y37.0%-23.1%
5Y37.0%10Y30.8%+6.2%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.3%-26.3%
TTM13.9%20.1%-6.2%
YOY43.2%20.1%+23.1%
5Y37.0%20.8%+16.2%
10Y30.8%17.1%+13.7%
1.2.2. Operating Ratio

Measures how efficient Dorian LPG Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • An Operation Ratio of 0.60 means that the operating costs are €0.60 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Dorian LPG Ltd:

  • The MRQ is 0.604. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.755. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.604TTM0.755-0.152
TTM0.755YOY1.047-0.292
TTM0.7555Y1.113-0.357
5Y1.11310Y1.171-0.058
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6040.913-0.309
TTM0.7550.914-0.159
YOY1.0470.892+0.155
5Y1.1130.895+0.218
10Y1.1710.922+0.249

1.3. Liquidity of Dorian LPG Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Dorian LPG Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A Current Ratio of 3.31 means the company has €3.31 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Dorian LPG Ltd:

  • The MRQ is 3.312. The company is very able to pay all its short-term debts. +2
  • The TTM is 2.736. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ3.312TTM2.736+0.576
TTM2.736YOY3.028-0.292
TTM2.7365Y2.263+0.472
5Y2.26310Y2.123+0.140
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3120.996+2.316
TTM2.7361.096+1.640
YOY3.0281.031+1.997
5Y2.2631.032+1.231
10Y2.1231.147+0.976
1.3.2. Quick Ratio

Measures if Dorian LPG Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • A Quick Ratio of 0.03 means the company can pay off €0.03 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dorian LPG Ltd:

  • The MRQ is 0.027. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.186. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.027TTM0.186-0.159
TTM0.186YOY0.825-0.639
TTM0.1865Y0.508-0.322
5Y0.50810Y0.511-0.003
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0270.665-0.638
TTM0.1860.718-0.532
YOY0.8250.805+0.020
5Y0.5080.829-0.321
10Y0.5110.849-0.338

1.4. Solvency of Dorian LPG Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Dorian LPG Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Dorian LPG Ltd to Oil & Gas Midstream industry mean.
  • A Debt to Asset Ratio of 0.46 means that Dorian LPG Ltd assets are financed with 45.9% credit (debt) and the remaining percentage (100% - 45.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Dorian LPG Ltd:

  • The MRQ is 0.459. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.478. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.478-0.018
TTM0.478YOY0.443+0.035
TTM0.4785Y0.430+0.047
5Y0.43010Y0.432-0.002
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4590.515-0.056
TTM0.4780.516-0.038
YOY0.4430.550-0.107
5Y0.4300.544-0.114
10Y0.4320.536-0.104
1.4.2. Debt to Equity Ratio

Measures if Dorian LPG Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • A Debt to Equity ratio of 85.0% means that company has €0.85 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dorian LPG Ltd:

  • The MRQ is 0.850. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.915. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.850TTM0.915-0.066
TTM0.915YOY0.796+0.120
TTM0.9155Y0.760+0.155
5Y0.76010Y0.766-0.005
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8501.064-0.214
TTM0.9151.091-0.176
YOY0.7961.241-0.445
5Y0.7601.240-0.480
10Y0.7661.253-0.487

2. Market Valuation of Dorian LPG Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Dorian LPG Ltd generates.

  • Above 15 is considered overpriced but always compare Dorian LPG Ltd to the Oil & Gas Midstream industry mean.
  • A PE ratio of 4.32 means the investor is paying €4.32 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dorian LPG Ltd:

  • The EOD is 4.045. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.323. Based on the earnings, the company is cheap. +2
  • The TTM is 3.496. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.045MRQ4.323-0.278
MRQ4.323TTM3.496+0.826
TTM3.496YOY5.344-1.848
TTM3.4965Y14.258-10.762
5Y14.25810Y10.998+3.261
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD4.0459.378-5.333
MRQ4.3238.481-4.158
TTM3.4968.481-4.985
YOY5.3448.242-2.898
5Y14.25811.160+3.098
10Y10.99813.160-2.162
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Dorian LPG Ltd:

  • The EOD is 5.773. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.170. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.572. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.773MRQ6.170-0.396
MRQ6.170TTM4.572+1.598
TTM4.572YOY4.676-0.104
TTM4.5725Y72.299-67.728
5Y72.29910Y62.869+9.430
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD5.7735.057+0.716
MRQ6.1704.526+1.644
TTM4.5725.292-0.720
YOY4.6765.790-1.114
5Y72.2993.502+68.797
10Y62.8693.768+59.101
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Dorian LPG Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A PB ratio of 1.76 means the investor is paying €1.76 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Dorian LPG Ltd:

  • The EOD is 1.644. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.757. Based on the equity, the company is underpriced. +1
  • The TTM is 1.263. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.644MRQ1.757-0.113
MRQ1.757TTM1.263+0.493
TTM1.263YOY0.749+0.514
TTM1.2635Y0.709+0.554
5Y0.70910Y0.674+0.035
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD1.6441.318+0.326
MRQ1.7571.218+0.539
TTM1.2631.207+0.056
YOY0.7491.107-0.358
5Y0.7091.014-0.305
10Y0.6741.203-0.529
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Dorian LPG Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.4060.847+66%-0.503+136%0.437+222%0.990+42%
Book Value Per Share--22.77221.217+7%19.834+15%19.149+19%18.458+23%
Current Ratio--3.3122.736+21%3.028+9%2.263+46%2.123+56%
Debt To Asset Ratio--0.4590.478-4%0.443+4%0.430+7%0.432+6%
Debt To Equity Ratio--0.8500.915-7%0.796+7%0.760+12%0.766+11%
Dividend Per Share--0.9340.947-1%1.275-27%0.621+50%0.540+73%
Eps--2.3131.907+21%0.763+203%0.754+207%0.633+265%
Free Cash Flow Per Share--1.6211.537+5%0.838+93%0.957+69%0.957+69%
Free Cash Flow To Equity Per Share--0.3780.272+39%-0.192+151%-0.027+107%-0.027+107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--97.536--------
Intrinsic Value_10Y_min--82.520--------
Intrinsic Value_1Y_max--5.104--------
Intrinsic Value_1Y_min--5.011--------
Intrinsic Value_3Y_max--18.895--------
Intrinsic Value_3Y_min--17.967--------
Intrinsic Value_5Y_max--36.976--------
Intrinsic Value_5Y_min--34.014--------
Market Cap1519399733.000-7%1624315680.0001100829853.850+48%600270466.250+171%615033562.137+164%584937315.163+178%
Net Profit Margin--0.6130.544+13%0.383+60%0.305+101%0.219+180%
Operating Margin---0.139-100%0.432-100%0.370-100%0.308-100%
Operating Ratio--0.6040.755-20%1.047-42%1.113-46%1.171-48%
Pb Ratio1.644-7%1.7571.263+39%0.749+135%0.709+148%0.674+161%
Pe Ratio4.045-7%4.3233.496+24%5.344-19%14.258-70%10.998-61%
Price Per Share37.430-7%40.00027.113+48%14.788+170%13.957+187%12.927+209%
Price To Free Cash Flow Ratio5.773-7%6.1704.572+35%4.676+32%72.299-91%62.869-90%
Price To Total Gains Ratio15.998-7%17.09715.267+12%21.052-19%23.398-27%23.146-26%
Quick Ratio--0.0270.186-85%0.825-97%0.508-95%0.511-95%
Return On Assets--0.0550.043+27%0.021+157%0.020+177%0.016+236%
Return On Equity--0.1020.082+23%0.038+164%0.036+184%0.030+244%
Total Gains Per Share--2.3401.794+30%0.773+203%1.058+121%1.530+53%
Usd Book Value--984086597.836916731986.620+7%856823996.914+15%927579776.427+6%928301395.920+6%
Usd Book Value Change Per Share--1.4960.901+66%-0.535+136%0.465+222%1.054+42%
Usd Book Value Per Share--24.23422.579+7%21.108+15%20.379+19%19.643+23%
Usd Dividend Per Share--0.9941.007-1%1.357-27%0.661+50%0.575+73%
Usd Eps--2.4622.029+21%0.812+203%0.802+207%0.674+265%
Usd Free Cash Flow--70043759.00066408993.540+5%36217943.124+93%34464675.236+103%29969282.814+134%
Usd Free Cash Flow Per Share--1.7251.636+5%0.892+93%1.019+69%1.019+69%
Usd Free Cash Flow To Equity Per Share--0.4020.290+39%-0.204+151%-0.028+107%-0.028+107%
Usd Market Cap1616945195.859-7%1728596746.6561171503130.467+48%638807830.183+171%654518716.827+164%622490290.796+178%
Usd Price Per Share39.833-7%42.56828.853+48%15.737+170%14.853+187%13.757+209%
Usd Profit--99975786.22276059123.376+31%32952478.277+203%33052849.862+202%27220159.198+267%
Usd Revenue--163069189.474138244203.524+18%83926970.742+94%88359174.920+85%82193550.436+98%
Usd Total Gains Per Share--2.4901.909+30%0.822+203%1.126+121%1.628+53%
 EOD+4 -4MRQTTM+27 -8YOY+25 -105Y+28 -710Y+28 -7

3.2. Fundamental Score

Let's check the fundamental score of Dorian LPG Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.045
Price to Book Ratio (EOD)Between0-11.644
Net Profit Margin (MRQ)Greater than00.613
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.027
Current Ratio (MRQ)Greater than13.312
Debt to Asset Ratio (MRQ)Less than10.459
Debt to Equity Ratio (MRQ)Less than10.850
Return on Equity (MRQ)Greater than0.150.102
Return on Assets (MRQ)Greater than0.050.055
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Dorian LPG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.326
Ma 20Greater thanMa 5035.939
Ma 50Greater thanMa 10034.228
Ma 100Greater thanMa 20035.999
OpenGreater thanClose36.800
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,820,336
Total Liabilities836,277
Total Stockholder Equity984,058
 As reported
Total Liabilities 836,277
Total Stockholder Equity+ 984,058
Total Assets = 1,820,336

Assets

Total Assets1,820,336
Total Current Assets339,329
Long-term Assets1,481,006
Total Current Assets
Cash And Cash Equivalents 208,460
Net Receivables 2,782
Inventory 2,573
Other Current Assets 14,955
Total Current Assets  (as reported)339,329
Total Current Assets  (calculated)228,771
+/- 110,559
Long-term Assets
Property Plant Equipment 1,423,584
Long Term Investments 9,718
Long-term Assets Other 2,614
Long-term Assets  (as reported)1,481,006
Long-term Assets  (calculated)1,435,915
+/- 45,091

Liabilities & Shareholders' Equity

Total Current Liabilities102,451
Long-term Liabilities733,826
Total Stockholder Equity984,058
Total Current Liabilities
Short Long Term Debt 53,433
Accounts payable 11,435
Total Current Liabilities  (as reported)102,451
Total Current Liabilities  (calculated)64,868
+/- 37,583
Long-term Liabilities
Long term Debt 564,686
Capital Lease Obligations Min Short Term Debt199,571
Long-term Liabilities Other 1,512
Long-term Liabilities  (as reported)733,826
Long-term Liabilities  (calculated)765,768
+/- 31,942
Total Stockholder Equity
Retained Earnings 338,489
Total Stockholder Equity (as reported)984,058
Total Stockholder Equity (calculated)338,489
+/- 645,570
Other
Capital Stock520
Common Stock Shares Outstanding 40,608
Net Debt 409,659
Net Invested Capital 1,602,178
Net Working Capital 236,878
Property Plant and Equipment Gross 1,932,215



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-30
> Total Assets 
1,701,149
1,679,161
1,659,567
1,625,370
1,619,106
1,642,211
1,657,833
1,671,960
1,696,936
1,674,100
1,665,043
1,581,615
1,564,587
1,511,599
1,528,245
1,607,362
1,523,449
1,488,464
1,530,407
1,708,914
1,703,679
1,784,025
1,820,336
1,820,3361,784,0251,703,6791,708,9141,530,4071,488,4641,523,4491,607,3621,528,2451,511,5991,564,5871,581,6151,665,0431,674,1001,696,9361,671,9601,657,8331,642,2111,619,1061,625,3701,659,5671,679,1611,701,149
   > Total Current Assets 
103,721
95,534
97,562
82,589
92,874
124,471
143,824
139,615
216,062
209,420
218,187
153,343
180,917
146,288
217,458
307,893
230,235
208,248
228,058
236,299
241,462
277,409
339,329
339,329277,409241,462236,299228,058208,248230,235307,893217,458146,288180,917153,343218,187209,420216,062139,615143,824124,47192,87482,58997,56295,534103,721
       Cash And Cash Equivalents 
65,292
48,244
34,948
30,839
21,717
46,420
64,691
48,390
142,934
145,059
133,594
79,330
78,254
98,105
115,808
236,759
155,518
141,287
129,817
148,797
155,549
192,044
208,460
208,460192,044155,549148,797129,817141,287155,518236,759115,80898,10578,25479,330133,594145,059142,93448,39064,69146,42021,71730,83934,94848,24465,292
       Short-term Investments 
0
0
0
0
0
0
0
14,923
14,981
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000014,98114,9230000000
       Net Receivables 
32,818
42,384
56,835
1,384
1,657
1,254
69,978
67,669
48,414
55,378
76,000
56,394
43,880
30,153
47,488
58,636
62,453
55,474
86,212
3,282
4,373
66,996
2,782
2,78266,9964,3733,28286,21255,47462,45358,63647,48830,15343,88056,39476,00055,37848,41467,66969,9781,2541,6571,38456,83542,38432,818
       Inventory 
2,832
2,147
2,147
2,112
2,138
2,322
2,223
1,996
2,142
2,175
2,130
2,007
1,972
1,780
2,361
2,266
2,190
2,342
2,613
2,642
2,378
2,685
2,573
2,5732,6852,3782,6422,6132,3422,1902,2662,3611,7801,9722,0072,1302,1752,1421,9962,2232,3222,1382,1122,1472,1472,832
   > Long-term Assets 
0
0
0
1,542,781
1,526,231
1,517,740
1,514,010
1,532,345
1,480,874
1,464,680
1,446,856
1,428,272
1,383,670
1,365,311
1,310,787
1,299,469
1,293,214
1,280,216
1,302,349
1,472,615
1,462,217
1,506,615
1,481,006
1,481,0061,506,6151,462,2171,472,6151,302,3491,280,2161,293,2141,299,4691,310,7871,365,3111,383,6701,428,2721,446,8561,464,6801,480,8741,532,3451,514,0101,517,7401,526,2311,542,781000
       Property Plant Equipment 
1,523,311
1,508,097
1,493,276
1,478,681
1,465,142
1,454,936
1,448,487
1,464,706
1,449,282
1,431,854
1,413,485
1,394,849
1,350,132
1,332,158
1,279,176
1,262,604
1,254,659
1,237,652
1,258,934
1,422,156
1,402,935
1,445,662
1,423,584
1,423,5841,445,6621,402,9351,422,1561,258,9341,237,6521,254,6591,262,6041,279,1761,332,1581,350,1321,394,8491,413,4851,431,8541,449,2821,464,7061,448,4871,454,9361,465,1421,478,6811,493,2761,508,0971,523,311
       Long Term Investments 
15,973
17,024
10,355
6,448
1,688
974
1,033
0
0
0
0
0
0
0
0
0
0
0
0
11,367
11,307
9,518
9,718
9,7189,51811,30711,3670000000000001,0339741,6886,44810,35517,02415,973
       Long-term Assets Other 
0
0
0
35,851
36,235
37,017
36,253
37,202
514
329
186
164
166
494
174
713
648
2,253
2,210
546
441
158
2,614
2,6141584415462,2102,25364871317449416616418632951437,20236,25337,01736,23535,851000
> Total Liabilities 
761,832
746,697
732,091
712,687
700,026
687,839
675,808
694,908
706,983
684,509
649,270
634,790
626,039
604,650
604,054
687,211
679,099
663,095
693,080
835,067
818,070
860,716
836,277
836,277860,716818,070835,067693,080663,095679,099687,211604,054604,650626,039634,790649,270684,509706,983694,908675,808687,839700,026712,687732,091746,697761,832
   > Total Current Liabilities 
82,975
82,938
83,521
79,365
79,845
82,013
86,049
85,013
86,725
97,773
77,529
82,081
88,143
96,519
94,855
94,837
71,651
70,997
83,870
94,597
96,631
105,317
102,451
102,451105,31796,63194,59783,87070,99771,65194,83794,85596,51988,14382,08177,52997,77386,72585,01386,04982,01379,84579,36583,52182,93882,975
       Short-term Debt 
63,968
63,968
63,968
63,968
63,968
63,968
63,968
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000063,96863,96863,96863,96863,96863,96863,968
       Short Long Term Debt 
63,968
63,968
63,968
63,968
63,968
63,968
63,968
53,056
53,268
70,155
51,820
51,820
51,820
66,473
69,530
72,076
51,929
52,033
52,137
53,111
53,217
53,325
53,433
53,43353,32553,21753,11152,13752,03351,92972,07669,53066,47351,82051,82051,82070,15553,26853,05663,96863,96863,96863,96863,96863,96863,968
       Accounts payable 
8,137
7,721
5,313
7,213
8,114
10,227
13,761
13,553
11,628
12,114
11,274
9,831
14,151
9,432
9,272
9,541
7,928
8,663
9,966
10,807
11,268
12,451
11,435
11,43512,45111,26810,8079,9668,6637,9289,5419,2729,43214,1519,83111,27412,11411,62813,55313,76110,2278,1147,2135,3137,7218,137
       Other Current Liabilities 
5,007
4,725
4,559
4,259
3,962
2,897
2,076
4,674
4,211
413
71
4,854
1,042
843
2,236
1,308
923
1,563
1,129
0
0
2,957
0
02,957001,1291,5639231,3082,2368431,0424,854714134,2114,6742,0762,8973,9624,2594,5594,7255,007
   > Long-term Liabilities 
0
0
0
633,322
620,181
605,826
589,759
609,895
620,258
586,735
571,741
552,709
537,896
508,131
509,199
592,374
607,448
592,098
609,210
740,471
721,439
755,399
733,826
733,826755,399721,439740,471609,210592,098607,448592,374509,199508,131537,896552,709571,741586,735620,258609,895589,759605,826620,181633,322000
       Capital Lease Obligations 
0
0
0
0
1,065
1,192
1,111
26,865
24,605
22,333
20,035
17,672
15,315
12,920
10,508
8,073
6,408
4,204
38,885
158,190
152,323
207,249
199,571
199,571207,249152,323158,19038,8854,2046,4088,07310,50812,92015,31517,67220,03522,33324,60526,8651,1111,1921,0650000
       Other Liabilities 
1,172
1,191
1,208
1,200
1,242
1,233
1,271
1,171
1,203
1,318
1,307
1,521
1,564
1,567
1,514
1,686
1,719
1,404
1,519
0
1,452
1,454
0
01,4541,45201,5191,4041,7191,6861,5141,5671,5641,5211,3071,3181,2031,1711,2711,2331,2421,2001,2081,1911,172
> Total Stockholder Equity
939,316
932,464
927,476
912,683
919,080
954,372
982,025
977,052
989,953
989,591
1,015,773
946,825
938,548
906,949
924,191
920,151
844,349
825,369
837,327
873,846
885,609
923,309
984,058
984,058923,309885,609873,846837,327825,369844,349920,151924,191906,949938,548946,8251,015,773989,591989,953977,052982,025954,372919,080912,683927,476932,464939,316
   Common Stock
588
589
589
589
589
591
591
591
594
595
595
511
511
513
513
513
513
516
516
0
0
520
0
052000516516513513513513511511595595594591591591589589589589588
   Retained Earnings 
115,344
107,167
100,948
84,995
91,070
131,782
167,410
196,836
209,004
209,542
245,367
289,401
295,270
268,934
285,515
280,759
205,269
185,248
196,161
231,844
243,182
279,124
338,489
338,489279,124243,182231,844196,161185,248205,269280,759285,515268,934295,270289,401245,367209,542209,004196,836167,410131,78291,07084,995100,948107,167115,344
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 00000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue389,749
Cost of Revenue-161,704
Gross Profit228,045228,045
 
Operating Income (+$)
Gross Profit228,045
Operating Expense-191,389
Operating Income198,36036,656
 
Operating Expense (+$)
Research Development-
Selling General Administrative32,086
Selling And Marketing Expenses-
Operating Expense191,38932,086
 
Net Interest Income (+$)
Interest Income3,809
Interest Expense-30,032
Other Finance Cost-7,772
Net Interest Income-33,995
 
Pretax Income (+$)
Operating Income198,360
Net Interest Income-33,995
Other Non-Operating Income Expenses-
Income Before Tax (EBT)172,444190,282
EBIT - interestExpense = -30,032
172,444
202,476
Interest Expense30,032
Earnings Before Interest and Taxes (EBIT)-202,476
Earnings Before Interest and Taxes (EBITDA)210,248
 
After tax Income (+$)
Income Before Tax172,444
Tax Provision--
Net Income From Continuing Ops172,444172,444
Net Income172,444
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net8,07833,995
 

Technical Analysis of Dorian LPG Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Dorian LPG Ltd. The general trend of Dorian LPG Ltd is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Dorian LPG Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Dorian LPG Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 39.39 < 43.79.

The bearish price targets are: 35.30 > 34.00 > 31.95.

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Dorian LPG Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Dorian LPG Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Dorian LPG Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Dorian LPG Ltd. The current macd is 0.78480815.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Dorian LPG Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Dorian LPG Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Dorian LPG Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Dorian LPG Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDorian LPG Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Dorian LPG Ltd. The current adx is 22.01.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Dorian LPG Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Dorian LPG Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Dorian LPG Ltd. The current sar is 39.16.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Dorian LPG Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Dorian LPG Ltd. The current rsi is 58.33. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Dorian LPG Ltd Daily Relative Strength Index (RSI) ChartDorian LPG Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Dorian LPG Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Dorian LPG Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Dorian LPG Ltd Daily Stochastic Oscillator ChartDorian LPG Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Dorian LPG Ltd. The current cci is 67.64.

Dorian LPG Ltd Daily Commodity Channel Index (CCI) ChartDorian LPG Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Dorian LPG Ltd. The current cmo is 18.62.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Dorian LPG Ltd Daily Chande Momentum Oscillator (CMO) ChartDorian LPG Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Dorian LPG Ltd. The current willr is -37.0510397.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Dorian LPG Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Dorian LPG Ltd Daily Williams %R ChartDorian LPG Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Dorian LPG Ltd.

Dorian LPG Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Dorian LPG Ltd. The current atr is 0.84799458.

Dorian LPG Ltd Daily Average True Range (ATR) ChartDorian LPG Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Dorian LPG Ltd. The current obv is 12,778.

Dorian LPG Ltd Daily On-Balance Volume (OBV) ChartDorian LPG Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Dorian LPG Ltd. The current mfi is 86.97.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Dorian LPG Ltd Daily Money Flow Index (MFI) ChartDorian LPG Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Dorian LPG Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-15 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-08 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-10 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Dorian LPG Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Dorian LPG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.326
Ma 20Greater thanMa 5035.939
Ma 50Greater thanMa 10034.228
Ma 100Greater thanMa 20035.999
OpenGreater thanClose36.800
Total3/5 (60.0%)
Penke

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