Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Stock Gets Downgrade from Wall Street Zen

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Other analysts have also issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Big Sky Industrial Inc. Common Stock in a research report on Friday, September 25th. Zacks Research upgraded shares of Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “hold” rating in a research note 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 objective on the stock in a report on Monday, August 17th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $2.75.

Big Sky Industrial Inc. Common Stock Price Performance

Shares of NASDAQ:BSIN opened at $1.52 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.21. The company’s fifty day moving average is $1.50 and its two-hundred day moving average is $1.17. The stock has a market capitalization of $79.78 million, a price-to-earnings ratio of -5.43 and a beta of 0.98. Big Sky Industrial Inc. Common Stock has a 1-year low of $0.66 and a 1-year high of $1.67.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last posted its quarterly earnings results on Tuesday, August 11th. The energy company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The business had revenue of $2.13 million during the quarter, compared to analyst estimates 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 anticipate that Big Sky Industrial Inc. Common Stock will post -0.23 EPS for the current year.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. United Asset Strategies Inc. increased its stake in Big Sky Industrial Inc. Common Stock by 20.4% in the third quarter. United Asset Strategies Inc. now owns 59,015 shares of the energy company’s stock valued at $83,000 after purchasing an additional 10,000 shares during the period. Citadel Advisors LLC bought a new stake in Big Sky Industrial Inc. Common Stock in the second quarter valued at $105,000. State Street Corp acquired a new stake in shares of Big Sky Industrial Inc. Common Stock in the 2nd quarter worth approximately $137,000. Finally, Steamboat Capital Partners LLC bought a new stake in Big Sky Industrial Inc. Common Stock during the second quarter worth approximately $2,763,000. Hedge funds and other 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.