Stabilis Solutions (NASDAQ:SLNG) Trading 0.2% Higher – Still a Buy?

by · The Markets Daily

Stabilis Solutions, Inc. (NASDAQ:SLNG – Get Free Report)’s share price rose 0.2% on Tuesday . The company traded as high as $6.11 and last traded at $6.11. Approximately 17,799 shares changed hands during trading, a decline of 27% from the average daily volume of 24,440 shares. The stock had previously closed at $6.10.

Stabilis Solutions Stock Up 0.7 %

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.24. The firm’s 50 day moving average price is $5.26 and its two-hundred day moving average price is $4.57. The company has a market cap of $114.30 million, a P/E ratio of 29.29 and a beta of 0.82.

Hedge Funds Weigh In On Stabilis Solutions

An institutional investor recently raised its position in Stabilis Solutions stock. Tieton Capital Management LLC boosted its stake in Stabilis Solutions, Inc. (NASDAQ:SLNG – Free Report) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 167,925 shares of the company’s stock after acquiring an additional 3,773 shares during the period. Tieton Capital Management LLC owned 0.90% of Stabilis Solutions worth $647,000 as of its most recent filing with the SEC. 3.81% of the stock is owned by institutional investors.

About Stabilis Solutions

(Get Free Report)

Stabilis Solutions, Inc, together with its subsidiaries, an energy transition company, provides clean energy production, storage, transportation, and fueling solutions primarily using liquefied natural gas (LNG) to various end markets in North America. The company offers LNG solutions to customers in aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets.

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