What’s Ahead for Dynagas LNG Partners LP (DLNG) After Making All-Time Low?

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: Seekingalpha.com which released: “This LNG Carrier Just Doubled Its Backlog And Time Charter Duration – Seeking Alpha” on April 04, 2016, also Seekingalpha.com with their article: “Dynagas Preferred Is The Lowest Risk Way I Can Think Of To Make A 10% Yield – Seeking Alpha” published on November 23, 2018, Prnewswire.com published: “DYNAGAS INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50000 Investing In Dynagas LNG Partners LP To Contact The Firm – PRNewswire” on May 17, 2019. More interesting news about Dynagas LNG Partners LP (NYSE:DLNG) were released by: Benzinga.com and their article: “Earnings Scheduled For March 21, 2019 – Benzinga” published on March 21, 2019 as well as Seekingalpha.com‘s news article titled: “Dynagas LNG – A Trade That Returned 90% Gives Us A Second Bite Of The Apple – Seeking Alpha” with publication date: July 05, 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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