StealthGas (GASS) Research Coverage Started at Jefferies Group
Jefferies Group began coverage on shares of StealthGas (NASDAQ:GASS) in a research report released on Monday. The brokerage issued a buy rating and a $7.00 price target on the shipping company’s stock. Jefferies Group also issued estimates for StealthGas’ Q4 2017 earnings at $0.04 EPS, FY2017 earnings at $0.15 EPS and FY2018 earnings at $0.12 EPS.
Separately, Zacks Investment Research raised StealthGas from a sell rating to a hold rating in a report on Tuesday, November 14th.
StealthGas (GASS) opened at $4.06 on Monday. StealthGas has a 52-week low of $2.90 and a 52-week high of $4.78. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.57 and a current ratio of 0.60. The firm has a market capitalization of $160.64, a P/E ratio of 25.19 and a beta of 1.83.
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StealthGas Company Profile
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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