Imperial Petroleum (NASDAQ:IMPP) Announces Earnings Results

Imperial Petroleum (NASDAQ:IMPP) released its quarterly earnings results on Thursday. The company reported $0.12 EPS for the quarter, Zacks reports. Imperial Petroleum had a net margin of 34.87% and a return on equity of 17.51%.

Imperial Petroleum Stock Down 3.4 %

Shares of NASDAQ IMPP traded down $0.10 during mid-day trading on Thursday, reaching $2.84. 306,538 shares of the company were exchanged, compared to its average volume of 296,732. The stock has a market capitalization of $84.66 million, a PE ratio of 2.17 and a beta of 1.10. Imperial Petroleum has a 52 week low of $2.55 and a 52 week high of $4.59. The company’s 50 day moving average price is $2.99 and its 200 day moving average price is $3.52.

Imperial Petroleum Company Profile

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.