Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Downgraded by Wall Street Zen to Sell

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

Several other equities analysts have also issued reports on the company. Zacks Research upgraded 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 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 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 note on Friday, September 25th. Two equities research 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $2.75.

Big Sky Industrial Inc. Common Stock Trading Down 2.6%

BSIN stock opened at $1.52 on Friday. The company has a market capitalization of $79.78 million, a PE ratio of -5.43 and a beta of 0.88. Big Sky Industrial Inc. Common Stock has a one year low of $0.66 and a one year high of $1.67. The company’s 50 day moving average price is $1.50 and its two-hundred day moving average price is $1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.21.

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, topping 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 business had revenue of $2.13 million during the quarter, compared to the consensus estimate of $2.04 million. As a group, analysts predict that Big Sky Industrial Inc. Common Stock will post -0.23 earnings per share for the current fiscal year.

Institutional Trading of Big Sky Industrial Inc. Common Stock

Large investors have recently added to or reduced their stakes in the stock. United Asset Strategies Inc. raised its stake in Big Sky Industrial Inc. Common Stock by 20.4% in the third quarter. United Asset Strategies Inc. now owns 59,015 shares of the energy company’s stock worth $83,000 after buying an additional 10,000 shares in the last quarter. State Street Corp purchased a new stake in Big Sky Industrial Inc. Common Stock in the second quarter worth about $137,000. Steamboat Capital Partners LLC purchased a new stake in Big Sky Industrial Inc. Common Stock in the second quarter worth about $2,763,000. Finally, Citadel Advisors LLC purchased a new position in shares of Big Sky Industrial Inc. Common Stock during the 2nd quarter worth approximately $105,000. 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.