Robin Energy (NASDAQ:RBNE) Posts Earnings Results

Robin Energy (NASDAQ:RBNE) announced its earnings results on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports.

Robin Energy Stock Performance

Shares of RBNE stock traded down $0.02 during mid-day trading on Friday, hitting $0.88. The company’s stock had a trading volume of 359,819 shares, compared to its average volume of 3,718,008. The firm has a market capitalization of $10.38 million and a PE ratio of 22.07. Robin Energy has a 52-week low of $0.81 and a 52-week high of $24.65. The company has a 50-day moving average of $1.29.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Robin Energy from a “hold” rating to a “sell” rating in a report on Saturday, November 8th.

Hedge Funds Weigh In On Robin Energy

An institutional investor recently bought a new position in Robin Energy stock. Virtu Financial LLC purchased a new stake in shares of Robin Energy Ltd. (NASDAQ:RBNE) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 21,888 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned about 0.19% of Robin Energy as of its most recent SEC filing.

About Robin Energy

Robin Energy Ltd. operates as a holding company that provides tanker vessel services. The company was founded by Petros Panagiotidis on September 24, 2024 and is headquartered in Limassol, Cyrus.