BW LPG (NYSE:BWLP) Sees Unusually-High Trading Volume – Here’s Why

BW LPG Limited (NYSE:BWLP) shares saw an uptick in trading volume on Wednesday . 120,100 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 183,977 shares.The stock last traded at $12.31 and had previously closed at $12.83.

BW LPG Stock Down 3.7 %

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 1.63. The firm’s fifty day moving average is $13.93 and its 200 day moving average is $15.82.

Institutional Trading of BW LPG

Several large investors have recently made changes to their positions in BWLP. Avior Wealth Management LLC acquired a new stake in shares of BW LPG in the 3rd quarter valued at $43,000. XTX Topco Ltd lifted its stake in shares of BW LPG by 75.1% in the 3rd quarter. XTX Topco Ltd now owns 25,671 shares of the company’s stock valued at $370,000 after acquiring an additional 11,013 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in BW LPG by 33.8% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 50,012 shares of the company’s stock worth $740,000 after acquiring an additional 12,622 shares during the last quarter. Centiva Capital LP bought a new stake in BW LPG during the 3rd quarter worth $183,000. Finally, Plato Investment Management Ltd acquired a new position in BW LPG in the 3rd quarter worth about $207,000.

BW LPG Company Profile

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.