Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate StealthGas Inc before investing.

In this article, we go over a few key elements for understanding StealthGas Inc’s stock price such as:

• StealthGas Inc’s current stock price and volume
• Why StealthGas Inc’s stock price changed recently
• Upgrades and downgrades for GASS from analysts
• GASS’s stock price momentum as measured by its relative strength

About StealthGas Inc (GASS)

Before we jump into StealthGas Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

StealthGas Inc. is a provider of international seaborne transportation services to liquefied petroleum gas (LPG) producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders. The Company owns a fleet of LPG carriers. Its LPG carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas. The medium range product carriers in its fleet are capable of carrying refined petroleum products, such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemicals, while its Aframax tanker is used for carrying crude oil. Its fleet consists of approximately 50 LPG carriers, including two chartered-in LPG carriers, two 2008-built product carriers, a 2009-built product carrier and a 2010-built Aframax crude oil tanker.

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StealthGas Inc’s Stock Price as of Market Close

As of February 15, 2024, 4:00 PM, CST, StealthGas Inc’s stock price was $7.20.

StealthGas Inc is up 4.35% from its previous closing price of $6.90.

During the last market session, StealthGas Inc’s stock traded between $6.87 and $7.07. Currently, there are 37.33 million shares of StealthGas Inc stock available for purchase.

StealthGas Inc’s price-earnings (P/E) ratio is currently at 5.2, which is low compared to the Freight & Logistics - Marine industry median of 6.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

StealthGas Inc Stock Price History

StealthGas Inc’s (GASS) price is currently down 5.76% so far this month.

During the month of February, StealthGas Inc’s stock price has reached a high of $7.68 and a low of $6.87.

Over the last year, StealthGas Inc has hit prices as high as $7.98 and as low as $2.51. Year to date, StealthGas Inc’s stock is up 168.66%.

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What Caused StealthGas Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 14, 2024, there were 0 analysts who downgraded StealthGas Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate StealthGas Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on StealthGas Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

StealthGas Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about StealthGas Inc (GASS) by visiting AAII Stock Evaluator.

Relative Price Strength of StealthGas Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 14, 2024, StealthGas Inc has a weighted four-quarter relative price strength of 20.34%, which translates to a Momentum Score of 93 and is considered to be Very Strong.

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StealthGas Inc Stock Price: Bottom Line

As of February 15, 2024, StealthGas Inc’s stock price is $7.20, which is up 4.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like StealthGas Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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