StockNews.com lowered shares of StealthGas (NASDAQ:GASS – Free Report) from a strong-buy rating to a buy rating in a research note released on Wednesday.
StealthGas Stock Performance
Shares of GASS stock opened at $6.10 on Wednesday. StealthGas has a 1-year low of $4.61 and a 1-year high of $8.84. The company has a current ratio of 2.25, a quick ratio of 2.20 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $220.45 million, a price-to-earnings ratio of 4.30 and a beta of 0.84. The stock’s fifty day simple moving average is $7.39 and its 200-day simple moving average is $6.82.
StealthGas (NASDAQ:GASS – Get Free Report) last issued its earnings results on Wednesday, May 22nd. The shipping company reported $0.49 EPS for the quarter. StealthGas had a return on equity of 9.19% and a net margin of 35.95%. The firm had revenue of $38.71 million for the quarter.
Institutional Inflows and Outflows
StealthGas Company Profile
StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel; and edible oils and chemicals.
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