Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Cut to “Sell” at Wall Street Zen

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

BSIN has been the topic of several other research reports. Zacks Research raised 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. Johnson Rice raised shares of Big Sky Industrial Inc. Common Stock from an “accumulate” rating to a “buy” rating and set a $2.00 target price for the company in a research report on Monday, August 17th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Big Sky Industrial Inc. Common Stock in a research report on Friday, September 25th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Big Sky Industrial Inc. Common Stock currently has a consensus rating of “Hold” and a consensus target price of $2.75.

Big Sky Industrial Inc. Common Stock Trading Down 2.6%

Shares of Big Sky Industrial Inc. Common Stock stock opened at $1.48 on Friday. The firm has a market cap of $77.69 million, a PE ratio of -5.29 and a beta of 0.88. Big Sky Industrial Inc. Common Stock has a 1 year low of $0.66 and a 1 year high of $1.67. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a fifty day moving average price of $1.50 and a 200-day moving average price of $1.17.

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 for the quarter, beating the consensus estimate of ($0.05) by $0.01. Big Sky Industrial Inc. Common Stock had a negative net margin of 156.23% and a negative return on equity of 34.42%. The company had revenue of $2.13 million during the quarter, compared to analyst estimates of $2.04 million. Equities research analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.23 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BSIN. United Asset Strategies Inc. grew its stake in shares of Big Sky Industrial Inc. Common Stock by 20.4% during the 3rd quarter. United Asset Strategies Inc. now owns 59,015 shares of the energy company’s stock worth $83,000 after acquiring an additional 10,000 shares during the period. Citadel Advisors LLC purchased a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter worth about $105,000. State Street Corp bought a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at about $137,000. Kestra Advisory Services LLC raised its stake in Big Sky Industrial Inc. Common Stock by 217.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 776,800 shares of the energy company’s stock valued at $1,095,000 after acquiring an additional 532,300 shares during the period. Finally, Steamboat Capital Partners LLC bought a new stake in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at about $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.