StealthGas (NASDAQ:GASS – Get Rating) announced its earnings results on Thursday. The shipping company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.14, MarketWatch Earnings reports. StealthGas had a positive return on equity of 1.83% and a negative net margin of 23.38%. During the same quarter last year, the company earned $0.02 EPS.
Shares of GASS stock opened at $2.73 on Friday. The stock’s fifty day moving average price is $2.46 and its two-hundred day moving average price is $2.34. The company has a market cap of $104.29 million, a PE ratio of -2.94 and a beta of 1.11. StealthGas has a fifty-two week low of $1.91 and a fifty-two week high of $3.20. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.83 and a current ratio of 0.88.
A number of brokerages recently issued reports on GASS. Jefferies Financial Group began coverage on StealthGas in a research report on Wednesday, April 27th. They set a “buy” rating on the stock. StockNews.com began coverage on StealthGas in a research report on Saturday, May 21st. They set a “hold” rating on the stock. Finally, Zacks Investment Research raised StealthGas from a “hold” rating to a “strong-buy” rating and set a $2.75 price target on the stock in a research report on Friday, April 29th.
StealthGas Company Profile (Get Rating)
StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and natural gas. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.
- Get a free copy of the StockNews.com research report on StealthGas (GASS)
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