Imperial Petroleum Inc. (NASDAQ:IMPP – Get Free Report)’s share price traded down 2.3% on Monday . The company traded as low as $3.75 and last traded at $3.79. 144,977 shares were traded during mid-day trading, a decline of 73% from the average session volume of 534,594 shares. The stock had previously closed at $3.88.
Imperial Petroleum Trading Down 2.3 %
The company has a market capitalization of $112.98 million, a PE ratio of 2.71 and a beta of 1.19. The stock’s 50-day moving average is $3.80 and its two-hundred day moving average is $3.34.
Imperial Petroleum (NASDAQ:IMPP – Get Free Report) last released its quarterly earnings data on Thursday, May 16th. The company reported $0.50 earnings per share (EPS) for the quarter. Imperial Petroleum had a net margin of 32.64% and a return on equity of 24.08%. The firm had revenue of $41.20 million for the quarter.
Institutional Investors Weigh In On Imperial Petroleum
About Imperial Petroleum
Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.
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