Media headlines about StealthGas (NASDAQ:GASS) have trended somewhat positive on Sunday, Alpha One Sentiment reports. The research group, a unit of Accern, identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. StealthGas earned a coverage optimism score of 0.15 on Alpha One’s scale. Alpha One also assigned media stories about the shipping company an impact score of 75 out of 100, indicating that recent media coverage is likely to have an effect on the company’s share price in the next few days.
Shares of StealthGas (GASS) traded up 1.66% on Friday, reaching $3.07. 75,642 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $3.20 and its 200-day moving average price is $3.67. StealthGas has a 52 week low of $2.65 and a 52 week high of $4.78. The stock’s market capitalization is $122.19 million.
StealthGas (NASDAQ:GASS) last announced its earnings results on Thursday, May 25th. The shipping company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.07. StealthGas had a negative return on equity of 0.09% and a negative net margin of 4.41%. The company had revenue of $38.06 million for the quarter, compared to analyst estimates of $33.30 million. Equities analysts predict that StealthGas will post $0.15 EPS for the current year.
Separately, Zacks Investment Research raised shares of StealthGas from a “hold” rating to a “strong-buy” rating and set a $4.50 target price for the company in a report on Monday, March 27th.
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StealthGas Inc is a provider of international seaborne transportation services to liquefied petroleum gas (LPG) producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders. The Company owns a fleet of LPG carriers. Its LPG carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
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