StockNews.com upgraded shares of StealthGas (NASDAQ:GASS – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Monday morning.
StealthGas Stock Performance
NASDAQ:GASS opened at $7.59 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.25 and a quick ratio of 2.20. The business has a fifty day simple moving average of $7.35 and a two-hundred day simple moving average of $6.84. StealthGas has a 1 year low of $4.05 and a 1 year high of $8.84. The company has a market capitalization of $274.30 million, a P/E ratio of 5.35 and a beta of 0.84.
StealthGas (NASDAQ:GASS – Get Free Report) last released its earnings results on Wednesday, May 22nd. The shipping company reported $0.49 earnings per share (EPS) for the quarter. StealthGas had a return on equity of 9.19% and a net margin of 35.95%. The business had revenue of $38.71 million during the quarter.
Hedge Funds Weigh In On StealthGas
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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