Steamboat Capital Partners LLC Takes $2.76 Million Position in Big Sky Industrial Inc. Common Stock $BSIN

Steamboat Capital Partners LLC bought a new stake in Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,512,075 shares of the energy company’s stock, valued at approximately $2,763,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth $26,000. State Street Corp raised its position in Big Sky Industrial Inc. Common Stock by 49.6% in the 4th quarter. State Street Corp now owns 47,371 shares of the energy company’s stock valued at $44,000 after purchasing an additional 15,700 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of Big Sky Industrial Inc. Common Stock in the 3rd quarter valued at about $54,000. XTX Topco Ltd boosted its stake in shares of Big Sky Industrial Inc. Common Stock by 61.5% in the 2nd 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 position in shares of Big Sky Industrial Inc. Common Stock during the first quarter worth about $71,000. 3.00% of the stock is owned by institutional investors and hedge funds.

Big Sky Industrial Inc. Common Stock Stock Performance

NASDAQ:BSIN opened at $1.52 on Wednesday. Big Sky Industrial Inc. Common Stock has a 12 month low of $0.66 and a 12 month high of $1.62. 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 firm has a market capitalization of $79.79 million, a PE ratio of -5.43 and a beta of 0.78. The business’s fifty day moving average price is $1.31 and its 200 day moving average price is $1.10.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last announced its quarterly earnings results on Tuesday, August 11th. The energy company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The company had revenue of $2.13 million during the quarter, compared to the consensus estimate of $2.04 million. Big Sky Industrial Inc. Common Stock had a negative return on equity of 34.42% and a negative net margin of 156.23%. On average, sell-side analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on BSIN. Zacks Research upgraded shares of Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 30th. Finally, Johnson Rice upgraded shares of Big Sky Industrial Inc. Common Stock from an “accumulate” rating to a “buy” rating and set a $2.00 price target for the company in a report on Monday, August 17th. Two 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. According to data from MarketBeat, the stock currently 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. (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.