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

Wall Street Zen upgraded shares of Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) from a sell rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Other equities research analysts have also issued research reports about the stock. Johnson Rice upgraded shares of Big Sky Industrial Inc. Common Stock from an “accumulate” rating to a “buy” rating and set a $2.00 price target on the stock in a research note on Monday, August 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Big Sky Industrial Inc. Common Stock in a report on Friday, September 25th. Finally, Zacks Research upgraded shares of Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently 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 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’s 50-day moving average price is $1.45 and its 200 day moving average price is $1.17. Big Sky Industrial Inc. Common Stock has a fifty-two week low of $0.66 and a fifty-two week high of $1.67. The firm has a market cap 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) last posted its earnings results on Tuesday, August 11th. The energy company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. Big Sky Industrial Inc. Common Stock had a negative return on equity of 34.42% and a negative net margin of 156.23%. The company had revenue of $2.13 million during the quarter, compared to analyst estimates of $2.04 million. As a group, sell-side analysts expect that Big Sky Industrial Inc. Common Stock will post -0.23 earnings per share for the current year.

Hedge Funds Weigh In On Big Sky Industrial Inc. Common Stock

Institutional investors and hedge funds have recently modified their holdings of the stock. Thompson Davis & CO. Inc. acquired a new position in Big Sky Industrial Inc. Common Stock in the 1st quarter worth about $71,000. Citadel Advisors LLC bought a new position in Big Sky Industrial Inc. Common Stock in the 2nd quarter worth $105,000. State Street Corp acquired a new position in shares of Big Sky Industrial Inc. Common Stock during the 2nd quarter worth about $137,000. Finally, Steamboat Capital Partners LLC acquired a new position in shares of Big Sky Industrial Inc. Common Stock during the second quarter worth approximately $2,763,000. 3.00% of the stock is currently owned by hedge funds and other institutional investors.

Big Sky Industrial Inc. Common Stock Company Profile

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.