Zacks Research Upgrades Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) to “Hold”

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

Several other brokerages also recently weighed in on BSIN. Wall Street Zen upgraded Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Big Sky Industrial Inc. Common Stock currently has an average rating of “Hold” and an average target price of $3.50.

Big Sky Industrial Inc. Common Stock Price Performance

Shares of NASDAQ BSIN opened at $1.19 on Monday. The business has a fifty day moving average price of $1.03 and a two-hundred day moving average price of $1.00. The stock has a market capitalization of $62.26 million, a PE ratio of -2.77 and a beta of 0.73. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.92 and a quick ratio of 1.92. Big Sky Industrial Inc. Common Stock has a fifty-two week low of $0.66 and a fifty-two week high of $1.52.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last issued its quarterly earnings results on Thursday, May 7th. The energy company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Big Sky Industrial Inc. Common Stock had a negative return on equity of 49.96% and a negative net margin of 213.60%.The company had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.63 million. As a group, equities analysts predict that Big Sky Industrial Inc. Common Stock will post -0.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Big Sky Industrial Inc. Common Stock

A number of hedge funds have recently modified their holdings of the business. State Street Corp lifted its holdings in Big Sky Industrial Inc. Common Stock by 49.6% during the 4th quarter. State Street Corp now owns 47,371 shares of the energy company’s stock worth $44,000 after buying an additional 15,700 shares during the period. Citadel Advisors LLC bought a new stake in shares of Big Sky Industrial Inc. Common Stock in the 3rd quarter valued at about $26,000. Two Sigma Investments LP acquired a new stake in shares of Big Sky Industrial Inc. Common Stock in the third quarter valued at about $54,000. XTX Topco Ltd increased its stake in shares of Big Sky Industrial Inc. Common Stock by 61.5% in the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock valued at $63,000 after buying an additional 17,080 shares during the period. Finally, Thompson Davis & CO. Inc. acquired a new stake in shares of Big Sky Industrial Inc. Common Stock in the first quarter valued at about $71,000. Institutional investors and hedge funds own 3.00% of the company’s stock.

Big Sky Industrial Inc. Common Stock Company Profile

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.