StealthGas (NASDAQ:GASS – Get Free Report) last announced its earnings results on Friday, August 18th. The shipping company reported $0.28 EPS for the quarter. StealthGas had a net margin of 27.40% and a return on equity of 8.51%. The business had revenue of $33.14 million during the quarter.
StealthGas Price Performance
Shares of NASDAQ:GASS opened at $5.49 on Thursday. The company has a 50-day simple moving average of $5.18 and a 200-day simple moving average of $4.43. StealthGas has a one year low of $2.51 and a one year high of $5.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.32 and a current ratio of 2.36. The stock has a market capitalization of $209.28 million, a price-to-earnings ratio of 5.04 and a beta of 0.96.
Hedge Funds Weigh In On StealthGas
Analysts Set New Price Targets
GASS has been the topic of a number of recent analyst reports. Maxim Group boosted their price target on shares of StealthGas from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Monday, August 21st. StockNews.com began coverage on shares of StealthGas in a research report on Thursday, October 5th. They issued a “buy” rating on the stock.
StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. It also offers 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, as well as ammonia; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.
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