Why the CANSLIM investor may take a look at STEALTHGAS INC (NASDAQ:GASS).

In this article we will dive into STEALTHGAS INC (NASDAQ:GASS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed STEALTHGAS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why GASS may be interesting for canslim investors.

• GASS has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 31.03% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• GASS has experienced 27.32% q2q revenue growth, indicating a significant sales increase.
• The 3-year EPS growth of GASS (94.61%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• GASS exhibits a strong Return on Equity (ROE) of 11.15%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• GASS has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 82.25 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning.
• Maintaining a Debt-to-Equity ratio of 0.1, GASS demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 41.89% of the total shares held by institutional investors, GASS showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

We assign a technical rating of 6 out of 10 to GASS. In the past year, GASS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

• The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
• GASS is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. GASS outperforms 70% of them.
• Looking at the yearly performance, GASS did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
• In the last month GASS has a been trading in the 5.22 - 6.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of GASS contains the most current technical analsysis.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Overall GASS gets a fundamental rating of 5 out of 10. We evaluated GASS against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While GASS has a great profitability rating, there are some minor concerns on its financial health. GASS has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of GASS

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.