Imperial Petroleum (NASDAQ:IMPP) Issues Earnings Results

Imperial Petroleum (NASDAQ:IMPP) issued its earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Imperial Petroleum had a net margin of 34.87% and a return on equity of 17.51%.

Imperial Petroleum Trading Up 0.5 %

Shares of IMPP opened at $2.86 on Friday. The company has a market cap of $85.11 million, a price-to-earnings ratio of 2.21 and a beta of 1.10. Imperial Petroleum has a 1-year low of $2.55 and a 1-year high of $4.59. The company’s fifty day simple moving average is $2.98 and its 200 day simple moving average is $3.51.

About Imperial Petroleum

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.