Imperial Petroleum (NASDAQ:IMPP) Releases Quarterly Earnings Results

Imperial Petroleum (NASDAQ:IMPP) announced its quarterly earnings data on Thursday. The company reported $0.12 EPS for the quarter, Zacks reports. The firm had revenue of $26.21 million for the quarter. Imperial Petroleum had a net margin of 34.87% and a return on equity of 17.51%.

Imperial Petroleum Price Performance

Shares of IMPP stock traded down $0.05 on Friday, hitting $2.79. 151,718 shares of the stock traded hands, compared to its average volume of 304,285. The firm has a market cap of $83.17 million, a price-to-earnings ratio of 2.13 and a beta of 1.10. Imperial Petroleum has a 52 week low of $2.55 and a 52 week high of $4.59. The firm has a 50 day simple moving average of $2.98 and a two-hundred day simple moving average of $3.50.

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.