Imperial Petroleum (NASDAQ:IMPP) Announces Quarterly Earnings Results

Imperial Petroleum (NASDAQ:IMPP — Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.34 earnings per share (EPS) for the quarter, RTT News reports. Imperial Petroleum had a return on equity of 17.50% and a net margin of 34.01%.

Imperial Petroleum Trading Up 13.8%

Shares of NASDAQ IMPP opened at $2.82 on Friday. Imperial Petroleum has a 12-month low of $2.12 and a 12-month high of $4.55. The company has a market cap of $84.10 million, a price-to-earnings ratio of 1.97 and a beta of 1.07. The stock’s 50 day simple moving average is $2.50 and its 200 day simple moving average is $2.81.

Imperial Petroleum Company Profile

(Get Free Report)

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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