Imperial Petroleum Inc. (NASDAQ:IMPP) Stock Holdings Boosted by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its position in shares of Imperial Petroleum Inc. (NASDAQ:IMPP) by 28.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 109,258 shares of the company’s stock after acquiring an additional 24,501 shares during the period. GSA Capital Partners LLP owned 0.37% of Imperial Petroleum worth $453,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Marshall Wace LLP bought a new position in shares of Imperial Petroleum during the second quarter worth about $48,000. PEAK6 Investments LLC bought a new position in Imperial Petroleum in the 1st quarter valued at about $108,000. Cubist Systematic Strategies LLC bought a new position in Imperial Petroleum in the 2nd quarter valued at about $119,000. Finally, Privium Fund Management UK Ltd grew its position in Imperial Petroleum by 95.3% in the 2nd quarter. Privium Fund Management UK Ltd now owns 89,757 shares of the company’s stock valued at $337,000 after buying an additional 43,796 shares in the last quarter. Institutional investors own 94.44% of the company’s stock.

Imperial Petroleum Stock Down 0.3 %

Shares of IMPP opened at $3.45 on Thursday. The firm has a 50-day moving average price of $3.82 and a 200 day moving average price of $3.87. The firm has a market capitalization of $102.85 million, a PE ratio of 2.80 and a beta of 1.21. Imperial Petroleum Inc. has a 52-week low of $1.44 and a 52-week high of $4.59.

Imperial Petroleum (NASDAQ:IMPP) last announced its earnings results on Tuesday, August 27th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $47.04 million during the quarter. Imperial Petroleum had a net margin of 37.13% and a return on equity of 16.33%.

Imperial Petroleum Company Profile

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.