StockNews.com upgraded shares of StealthGas (NASDAQ:GASS – Free Report) from a buy rating to a strong-buy rating in a report released on Monday.
StealthGas Stock Performance
Shares of StealthGas stock opened at $7.67 on Monday. The business’s 50 day moving average price is $7.25 and its 200 day moving average price is $6.83. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 2.25. The company has a market cap of $277.01 million, a price-to-earnings ratio of 5.40 and a beta of 0.84. StealthGas has a one year low of $4.05 and a one year high of $8.84.
StealthGas (NASDAQ:GASS – Get Free Report) last posted its earnings results on Wednesday, May 22nd. The shipping company reported $0.49 earnings per share (EPS) for the quarter. The company had revenue of $38.71 million during the quarter. StealthGas had a return on equity of 9.19% and a net margin of 35.95%.
Institutional Investors 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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