Zacks Research Upgrades Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) to Strong Sell

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) was upgraded by equities researchers at Zacks Research to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research firms also recently commented on BSIN. Weiss Ratings upgraded Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 22nd. D. Boral Capital reiterated a “buy” rating and issued a $3.50 price objective on shares of Big Sky Industrial Inc. Common Stock in a report on Tuesday, March 10th. Finally, Wall Street Zen upgraded Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Big Sky Industrial Inc. Common Stock has a consensus rating of “Reduce” and a consensus price target of $3.50.

Big Sky Industrial Inc. Common Stock Trading Up 2.7%

BSIN stock opened at $1.02 on Monday. The company has a market cap of $53.37 million, a P/E ratio of -2.37 and a beta of 0.77. Big Sky Industrial Inc. Common Stock has a twelve month low of $0.66 and a twelve month high of $2.75. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $0.92 and a 200-day moving average of $0.98.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last released its earnings results on Thursday, May 7th. The energy company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The firm had revenue of $1.60 million for the quarter, compared to the consensus estimate of $1.63 million. Big Sky Industrial Inc. Common Stock had a negative return on equity of 49.96% and a negative net margin of 213.60%. As a group, equities research analysts expect that Big Sky Industrial Inc. Common Stock will post -0.24 EPS for the current year.

Institutional Investors Weigh In On Big Sky Industrial Inc. Common Stock

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSIN. XTX Topco Ltd increased its holdings in Big Sky Industrial Inc. Common Stock by 61.5% in the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock valued at $63,000 after purchasing an additional 17,080 shares during the last quarter. Uniting Wealth Partners LLC bought a new stake in shares of Big Sky Industrial Inc. Common Stock in the third quarter worth about $53,000. Two Sigma Investments LP bought a new stake in shares of Big Sky Industrial Inc. Common Stock in the third quarter worth about $54,000. Citadel Advisors LLC bought a new stake in shares of Big Sky Industrial Inc. Common Stock in the third quarter worth about $26,000. Finally, United Asset Strategies Inc. bought a new stake in shares of Big Sky Industrial Inc. Common Stock in the fourth quarter worth about $27,000. Institutional investors own 3.00% of the company’s stock.

About Big Sky Industrial Inc. Common Stock

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.