StealthGas (NASDAQ:GASS) Stock Passes Above 200 Day Moving Average - What's Next?

Key Points

• StealthGas passed above its 200-day moving average, with the 200‑day at $7.48 and the stock trading as high as $9.26 (last $9.01, volume ~109,744), signaling a technical breakout above longer-term resistance.
• Wall Street Zen upgraded StealthGas from a "hold" to a "buy" and MarketBeat shows the stock's consensus rating as Buy, reflecting improving analyst sentiment.
• The company reported an EPS beat of $0.36 vs. $0.32 expected and posted a 35.03% net margin; shares trade at a low P/E of 5.49 with a $334.8M market cap, suggesting attractive valuation despite slightly under‑forecast revenue.

StealthGas, Inc. (NASDAQ:GASS - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.48 and traded as high as $9.26. StealthGas shares last traded at $9.01, with a volume of 109,744 shares trading hands.

Analyst Ratings Changes

Separately, Wall Street Zen raised StealthGas from a "hold" rating to a "buy" rating in a research note on Sunday, December 28th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, StealthGas has an average rating of "Buy".

StealthGas Price Performance

The company's 50-day moving average price is $8.59 and its two-hundred day moving average price is $7.48. The company has a market capitalization of $334.81 million, a price-to-earnings ratio of 5.49 and a beta of 0.22.

StealthGas (NASDAQ:GASS - Get Free Report) last released its earnings results on Monday, March 2nd. The shipping company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.04. The business had revenue of $39.37 million for the quarter, compared to analyst estimates of $39.80 million. StealthGas had a net margin of 35.03% and a return on equity of 9.08%.

Institutional Investors Weigh In On StealthGas

Institutional investors and hedge funds have recently made changes to their positions in the business. Hsbc Holdings PLC acquired a new position in StealthGas in the fourth quarter valued at approximately $113,000. NewEdge Advisors LLC grew its position in shares of StealthGas by 38.0% during the 4th quarter. NewEdge Advisors LLC now owns 47,706 shares of the shipping company's stock worth $335,000 after buying an additional 13,141 shares during the period. XTX Topco Ltd acquired a new stake in shares of StealthGas during the 4th quarter worth approximately $79,000. IHT Wealth Management LLC increased its stake in shares of StealthGas by 60.0% in the 4th quarter. IHT Wealth Management LLC now owns 16,000 shares of the shipping company's stock valued at $112,000 after acquiring an additional 6,000 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of StealthGas in the 4th quarter valued at $78,000. Institutional investors own 66.32% of the company's stock.

StealthGas Company Profile

StealthGas Inc is an international shipping company specializing in the seaborne transportation of liquefied petroleum gases (LPG), including propane, butane and ammonia. The company operates a fleet of modern pressurized LPG carriers with capacities ranging from approximately 2,500 to 9,100 cubic meters, providing safe and efficient carriage of petrochemical gases worldwide.

Founded in 2005 and incorporated in the Republic of the Marshall Islands, StealthGas is headquartered in Athens, Greece, with additional commercial and operational offices in major shipping centers across Europe and Asia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.