Robin Energy (NASDAQ:RBNE – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, Zacks reports.
Robin Energy Stock Down 11.7%
RBNE stock traded down $0.12 during midday trading on Thursday, reaching $0.94. 1,117,357 shares of the company traded hands, compared to its average volume of 2,634,620. The stock’s 50 day simple moving average is $1.33. Robin Energy has a 52-week low of $0.81 and a 52-week high of $24.65. The firm has a market cap of $11.01 million and a price-to-earnings ratio of 23.41.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut Robin Energy from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th.
About Robin Energy
Robin Energy Ltd. operates as a holding company that provides tanker vessel services. The company was founded by Petros Panagiotidis on September 24, 2024 and is headquartered in Limassol, Cyrus.
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