Drewry Financial Reaffirms Their Buy Rating on StealthGas (GASS)


In a report issued on January 18, Victoria Saraglis from Drewry Financial maintained a Buy rating on StealthGas (GASS), with a price target of $4.15. The company’s shares closed on Friday at $3.21.

According to TipRanks.com, Saraglis is ranked #4259 out of 5128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for StealthGas with a $5.08 average price target.

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Based on StealthGas’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $787.3K. In comparison, last year the company had a net profit of $748.3K.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GASS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

StealthGas, Inc. engages in the provision of international energy seaborne transportation services to liquefied petroleum gas sectors. Its owns fleet of vessels that carry petroleum and petrochemical gas products in liquefied form such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer.

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