StealthGas Inc. (NASDAQ:GASS – Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 52,000 shares, a growth of 55.2% from the February 13th total of 33,500 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 140,500 shares, the days-to-cover ratio is presently 0.4 days.
StealthGas Trading Down 0.4 %
StealthGas stock traded down $0.02 during midday trading on Friday, reaching $5.55. The stock had a trading volume of 77,808 shares, compared to its average volume of 119,794. The company has a quick ratio of 2.59, a current ratio of 2.66 and a debt-to-equity ratio of 0.13. StealthGas has a 52-week low of $4.82 and a 52-week high of $8.84. The firm has a market cap of $203.91 million, a price-to-earnings ratio of 3.14 and a beta of 0.75. The company has a fifty day moving average of $5.70 and a 200 day moving average of $5.90.
StealthGas (NASDAQ:GASS – Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The shipping company reported $0.38 earnings per share for the quarter. StealthGas had a net margin of 40.87% and a return on equity of 11.36%. The company had revenue of $40.25 million for the quarter.
Institutional Trading of StealthGas
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of StealthGas from a “hold” rating to a “buy” rating in a research report on Friday.
Read Our Latest Research Report 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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