Aegean Marine Petroleum Network Inc. (NYSE:ANW)’s share price was down 4.2% during trading on Monday . The company traded as low as $6.31 and last traded at $6.32, with a volume of 110,150 shares. The stock had previously closed at $6.60.

A number of equities analysts have recently commented on ANW shares. Jefferies Group reiterated a “buy” rating and issued a $14.00 price objective (down from $15.00) on shares of Aegean Marine Petroleum Network in a research note on Thursday, May 26th. Zacks Investment Research upgraded Aegean Marine Petroleum Network from a “sell” rating to a “buy” rating and set a $8.25 price objective on the stock in a research note on Wednesday, May 18th.

The firm has a 50 day moving average price of $5.98 and a 200-day moving average price of $6.89. The stock has a market cap of $321.73 million and a price-to-earnings ratio of 8.97.

Aegean Marine Petroleum Network (NYSE:ANW) last announced its quarterly earnings results on Tuesday, May 24th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.01. The company had revenue of $752.93 million for the quarter. During the same period in the previous year, the firm earned $0.25 EPS. Aegean Marine Petroleum Network’s revenue for the quarter was down 25.8% on a year-over-year basis. On average, analysts anticipate that Aegean Marine Petroleum Network Inc. will post $0.98 EPS for the current year.

A hedge fund recently bought a new stake in Aegean Marine Petroleum Network stock. Sabal Capital Management LLC bought a new position in shares of Aegean Marine Petroleum Network Inc. (NYSE:ANW) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 506,308 shares of the company’s stock, valued at approximately $4,233,000. Aegean Marine Petroleum Network makes up 7.0% of Sabal Capital Management LLC’s holdings, making the stock its 7th largest position. Sabal Capital Management LLC owned about 1.02% of Aegean Marine Petroleum Network at the end of the most recent reporting period.

Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers the fuels from its bunkering vessels to a range of end users.

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