Imperial Petroleum (NASDAQ:IMPP) Posts Earnings Results

Imperial Petroleum (NASDAQ:IMPP) issued its quarterly earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Imperial Petroleum had a net margin of 34.87% and a return on equity of 17.51%.

Imperial Petroleum Price Performance

Shares of NASDAQ:IMPP opened at $2.79 on Friday. The company has a market cap of $83.17 million, a price-to-earnings ratio of 2.13 and a beta of 1.10. The firm has a 50 day simple moving average of $2.98 and a 200 day simple moving average of $3.50. Imperial Petroleum has a one year low of $2.55 and a one year high of $4.59.

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.