StealthGas (GASS) Gets a Buy Rating from Maxim Group


In a report released today, James Jang from Maxim Group maintained a Buy rating on StealthGas (GASS), with a price target of $5.50. The company’s shares closed yesterday at $3.30.

Jang noted:

“StealthGas (GASS) reported 4Q18 results, which were slightly below our expectations with operating loss of ($0.04), a penny wider than our ($0.03) estimate.”

According to TipRanks.com, Jang is a 3-star analyst with an average return of 2.9% and a 32.6% success rate. Jang covers the Services sector, focusing on stocks such as Sino-Global Shipping America, Eagle Bulk Shipping Inc, and Nordic American Tanker.

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

See today’s analyst top recommended stocks >>

The company has a one-year high of $4.50 and a one-year low of $2.73. Currently, StealthGas has an average volume of 63.78K.

Based on the recent corporate insider activity of 21 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts