
Shares of Dorian LPG Ltd. (LPG) have demonstrated solid momentum over the past several months and are currently trading above their 50-day and 200-day moving averages of $21.26 and $18.46, respectively. LPG’s share price gain is also aligned with its steady growth rates in its top and bottom line, indicating that the business is strengthening.
Let’s look at some key financial metrics that support the bullish case of LPG.