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

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

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

Big Sky Industrial Inc. Common Stock Price Performance

BSIN stock opened at $1.02 on Monday. The company’s 50-day moving average price is $0.92 and its two-hundred day moving average price is $0.98. The firm has a market cap of $53.37 million, a P/E ratio of -2.37 and a beta of 0.77. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.06. Big Sky Industrial Inc. Common Stock has a 12 month low of $0.66 and a 12 month high of $2.75.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last issued its quarterly 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%. On average, analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.24 earnings per share for the current fiscal year.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thompson Davis & CO. Inc. acquired a new position in Big Sky Industrial Inc. Common Stock during the 1st quarter worth approximately $71,000. State Street Corp boosted its position in Big Sky Industrial Inc. Common Stock by 49.6% in the fourth quarter. State Street Corp now owns 47,371 shares of the energy company’s stock valued at $44,000 after buying an additional 15,700 shares in the last quarter. Two Sigma Investments LP bought a new stake in shares of Big Sky Industrial Inc. Common Stock during the third quarter worth $54,000. Uniting Wealth Partners LLC bought a new stake in shares of Big Sky Industrial Inc. Common Stock during the third quarter worth $53,000. Finally, XTX Topco Ltd increased its holdings in shares of Big Sky Industrial Inc. Common Stock by 61.5% during the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock worth $63,000 after buying an additional 17,080 shares in the last quarter. 3.00% of the stock is owned by institutional investors.

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.