StealthGas Inc (NASDAQ: GASS) is -14.24% lower on its value in year-to-date trading and has touched a low of $5.47 and a high of $8.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GASS stock was last observed hovering at around $5.50 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $5.54, the stock is -5.27% and -12.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.73% at the moment leaves the stock -15.04% off its SMA200. GASS registered -17.80% loss for a year compared to 6-month loss of -36.69%. The firm has a 50-day simple moving average (SMA 50) of $6.3328 and a 200-day simple moving average (SMA200) of $6.52765.
The stock witnessed a -5.62% gain in the last 1 month and extending the period to 3 months gives it a -6.10%, and is -6.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.97% over the week and 3.83% over the month.
StealthGas Inc (GASS) has around 463 employees, a market worth around $203.55M and $157.93M in sales. Current P/E ratio is 3.03 and Fwd P/E is 3.67. Profit margin for the company is 40.87%. Distance from 52-week low is 1.28% and -37.33% from its 52-week high. The company has generated returns on investments over the last 12 months (9.35%).
The EPS is expected to grow by 39.55% this year
73.0 institutions hold shares in StealthGas Inc (GASS), with institutional investors hold 59.67% of the company’s shares. The shares outstanding are 36.14M, and float is at 25.71M with Short Float at 0.53%. Institutions hold 41.76% of the Float.
The top institutional shareholder in the company is GLENDON CAPITAL MANAGEMENT LP with over 5.91 million shares valued at $43.41 million. The investor’s holdings represent 16.817 of the GASS Shares outstanding. As of 2024-06-30, the second largest holder is TOWERVIEW LLC with 2.23 million shares valued at $16.43 million to account for 6.364 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 2.03 million shares representing 5.7862 and valued at over $14.94 million, while ACADIAN ASSET MANAGEMENT LLC holds 3.913 of the shares totaling 1.37 million with a market value of $10.07 million.
