On 5/28/24, StealthGas Inc (NASDAQ: GASS) stock enjoyed a major increase of 15.3%, closing at $8.50. Moreover, trading volume in this advance was exceptionally high at 864% of normal. The stock has risen 21.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, GASS is expected to continue to be a Value Builder.
StealthGas has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. StealthGas has a good Power Rating of 82 and a good Appreciation Score of 83, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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