Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Raised to “Hold” at Wall Street Zen

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

BSIN has been the topic of several other research reports. 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 raised Big Sky Industrial Inc. Common Stock from an “accumulate” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Monday, August 17th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Big Sky Industrial Inc. Common Stock in a report on Friday, September 25th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $2.75.

Big Sky Industrial Inc. Common Stock Stock Performance

Shares of BSIN opened at $1.46 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $76.64 million, a P/E ratio of -5.21 and a beta of 0.88. The firm’s fifty day simple moving average is $1.45 and its two-hundred day simple moving average is $1.17. Big Sky Industrial Inc. Common Stock has a 12 month low of $0.66 and a 12 month high of $1.67.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last issued its quarterly earnings results on Tuesday, August 11th. The energy company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Big Sky Industrial Inc. Common Stock had a negative return on equity of 34.42% and a negative net margin of 156.23%. The firm 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 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BSIN. Steamboat Capital Partners LLC acquired a new stake in Big Sky Industrial Inc. Common Stock in the second quarter worth $2,763,000. State Street Corp bought a new stake in Big Sky Industrial Inc. Common Stock in the second quarter valued at $137,000. Citadel Advisors LLC bought a new stake in Big Sky Industrial Inc. Common Stock in the second quarter valued at $105,000. Finally, Thompson Davis & CO. Inc. bought a new stake in Big Sky Industrial Inc. Common Stock in the first quarter valued at $71,000. 3.00% of the stock is owned by institutional investors.

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.