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Dorian LPG (LPG) Looks Good: Stock Adds 10.5% in Session

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Dorian LPG Ltd. (LPG - Free Report) was a big mover last session, as the company saw its shares rise above 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.87 to $11.98 in the past one-month time frame.

In the last 30 days, the company has seen one upward estimate revision and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for Dorian LPG. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.       

Dorian LPG currently carries a Zacks Rank #3 (Hold).

A better-ranked Transportation-Shipping stock is GasLog Ltd. , which sports a Zacks Rank #1 (Strong Buy). YYou can see the complete list of today’s Zacks #1 Rank stocks here.

Is LPG going up? Or down? Predict to see what others think: Up or Down

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