Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) issued its quarterly earnings data on Tuesday. The energy company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01), FiscalAI reports. Big Sky Industrial Inc. Common Stock had a negative net margin of 156.23% and a negative return on equity of 34.42%. The business had revenue of $1.96 million during the quarter.

Big Sky Industrial Inc. Common Stock Price Performance

Shares of BSIN opened at $1.31 on Wednesday. The firm has a market cap of $68.76 million, a PE ratio of -4.68 and a beta of 0.99. Big Sky Industrial Inc. Common Stock has a 52-week low of $0.66 and a 52-week high of $1.67. The business’s 50 day moving average price is $1.49 and its two-hundred day moving average price is $1.18. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.21.

Institutional Trading of Big Sky Industrial Inc. Common Stock

Several hedge funds have recently modified their holdings of BSIN. Kestra Advisory Services LLC increased its holdings in shares of Big Sky Industrial Inc. Common Stock by 217.7% during the third 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 in the last quarter. United Asset Strategies Inc. increased its position in shares of Big Sky Industrial Inc. Common Stock by 20.4% during the third quarter. United Asset Strategies Inc. now owns 59,015 shares of the energy company’s stock valued at $83,000 after acquiring an additional 10,000 shares during the last quarter. State Street Corp purchased a new position in Big Sky Industrial Inc. Common Stock in the second quarter worth $137,000. Steamboat Capital Partners LLC bought a new position in Big Sky Industrial Inc. Common Stock in the 2nd quarter valued at $2,763,000. Finally, Citadel Advisors LLC bought a new stake in shares of Big Sky Industrial Inc. Common Stock during the 2nd quarter worth $105,000. Institutional investors own 3.00% of the company’s stock.

Analysts Set New Price Targets

BSIN has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Big Sky Industrial Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, October 31st. Johnson Rice upgraded Big Sky Industrial Inc. Common Stock from an “accumulate” rating to a “buy” rating and set a $2.00 price objective for the company in a report on Monday, August 17th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Big Sky Industrial Inc. Common Stock in a research report on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $2.75.

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.