Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Upgraded by Zacks Research to “Strong Sell” Rating

Zacks Research upgraded shares of Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) to a strong sell rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other brokerages have also recently weighed in on BSIN. D. Boral Capital reaffirmed a “buy” rating and issued a $3.50 price objective on shares of Big Sky Industrial Inc. Common Stock in a research note on Tuesday, March 10th. Weiss Ratings upgraded Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 22nd. Finally, Wall Street Zen upgraded Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $3.50.

Big Sky Industrial Inc. Common Stock Stock Up 2.7%

Shares of NASDAQ:BSIN opened at $1.02 on Monday. The business has a 50-day moving average price of $0.92 and a 200 day moving average price of $0.98. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $53.37 million, a price-to-earnings ratio of -2.37 and a beta of 0.77. Big Sky Industrial Inc. Common Stock has a 12-month low of $0.66 and a 12-month high of $2.75.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last issued its quarterly earnings data on Thursday, May 7th. The energy company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Big Sky Industrial Inc. Common Stock had a negative net margin of 213.60% and a negative return on equity of 49.96%. The firm had revenue of $1.60 million during the quarter, compared to analyst estimates of $1.63 million. Sell-side analysts expect that Big Sky Industrial Inc. Common Stock will post -0.24 EPS for the current year.

Institutional Trading of Big Sky Industrial Inc. Common Stock

Institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new stake in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth about $26,000. United Asset Strategies Inc. purchased a new stake in Big Sky Industrial Inc. Common Stock during the 4th quarter worth about $27,000. State Street Corp lifted its holdings in Big Sky Industrial Inc. Common Stock by 49.6% during the 4th quarter. State Street Corp now owns 47,371 shares of the energy company’s stock worth $44,000 after buying an additional 15,700 shares during the last quarter. Uniting Wealth Partners LLC purchased a new stake in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth about $53,000. Finally, Two Sigma Investments LP purchased a new stake in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth about $54,000. 3.00% of the stock is owned by hedge funds and other institutional investors.

About Big Sky Industrial Inc. Common Stock

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.