reported that it broke-even during the quarter.
The stock is up 1.56% to $5.85 after the report.
Stealthgas Inc's profit margins maintained as both earnings and revenue declined at the same pace.
The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.
Stealthgas Inc has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 97, putting Stealthgas Inc in the top 25% of stocks. The firm was recently trading at a 52-week high of $5.98 on November 2, 2023 and set a 52-week low on March 24, 2023 at $2.51.
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as 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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Stealthgas Inc Up 1.56% To $5.85 After Earnings
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