Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Stock Lifted to Hold by Wall Street Zen

Key Points

• Wall Street Zen upgraded BSIN from “sell” to “hold.” Across analysts, the stock has an average “Hold” rating and an average price target of $2.75, though ratings range from sell to buy.
• BSIN opened at $1.46, near its 50-day average of $1.45, with a 52-week range of $0.66 to $1.67 and a market capitalization of approximately $76.6 million.
• The company reported a quarterly loss of $0.04 per share, beating estimates by $0.01, while revenue of $2.13 million exceeded expectations. Despite the beat, it posted a negative net margin of 156.23% and analysts expect a full-year loss of $0.23 per share.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN - Get Free Report) was upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Big Sky Industrial Inc. Common Stock in a report on Friday, September 25th. Zacks Research raised Big Sky Industrial Inc. Common Stock from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Finally, Johnson Rice upgraded Big Sky Industrial Inc. Common Stock from an "accumulate" rating to a "buy" rating and set a $2.00 price target for the company in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $2.75.

Big Sky Industrial Inc. Common Stock Price Performance

BSIN opened at $1.46 on Friday. The firm has a 50-day moving average price of $1.45 and a 200-day moving average price of $1.17. Big Sky Industrial Inc. Common Stock has a twelve month low of $0.66 and a twelve month high of $1.67. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $76.64 million, a price-to-earnings ratio of -5.21 and a beta of 0.88.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The energy company reported ($0.04) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The company had revenue of $2.13 million for the quarter, compared to analysts' expectations of $2.04 million. Big Sky Industrial Inc. Common Stock had a negative net margin of 156.23% and a negative return on equity of 34.42%. Equities analysts expect that Big Sky Industrial Inc. Common Stock will post -0.23 EPS for the current year.

Institutional Trading of Big Sky Industrial Inc. Common Stock

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Steamboat Capital Partners LLC bought a new position in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at $2,763,000. State Street Corp bought a new position in shares of Big Sky Industrial Inc. Common Stock in the second quarter worth $137,000. Citadel Advisors LLC bought a new position in shares of Big Sky Industrial Inc. Common Stock in the second quarter worth $105,000. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of Big Sky Industrial Inc. Common Stock in the first quarter worth $71,000. Institutional investors own 3.00% of the company's stock.

About Big Sky Industrial Inc. Common Stock

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions. The company was incorporated in 1966 and is headquartered in Houston, Texas.

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