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Stealthgas, Inc. (GASS) [hlAlert]

down 51.55 %

Stealthgas, Inc. (GASS) rated Buy with price target $14 by Maxim Group

Posted on: Wednesday,  Jan 29, 2014  9:25 AM ET by Maxim Group

Maxim Group rated Buy Stealthgas, Inc. (NASDAQ: GASS) on 01/29/2014, when the stock price was $9.66. Since
then, Stealthgas, Inc. has lost 51.55% as of 09/15/2015's recent price of $4.68.
If you would have followed this Maxim Group's recommendation on GASS, you would have lost 51.55% of your investment in 594 days.

StealthGas Inc. (StealthGas) owns a fleet of liquefied petroleum gas (LPG) carriers providing international seaborne transportation services to LPG producers and users, as well as product tankers chartered to oil producers and refiners. The Company carries various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all by-products of the production of crude oil and natural gas. As of June 15, 2009, the Company?s fleet included 39 LPG carriers with an average age of 11.1 years and two product carriers. In addition, as of June 15, 2009, StealthGas had contracted to acquire one resale newbuilding LPG carrier, five newbuilding LPG carriers and two resale newbuilding medium range product carriers.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 9:25 AM Buy
9.66 14.00
as of 10/17/2014
1 Week up  6.31 %
1 Month down  -13.88 %
3 Months down  -24.93 %
1 YTD down  -14.59 %

(*) Stock Price at the time of the recommendation.
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