Stabilis Solutions (NASDAQ:SLNG) Shares Down 3.8% - Time to Sell?

Stabilis Solutions, Inc. (NASDAQ:SLNG - Get Free Report) shares were down 3.8% during mid-day trading on Monday . The stock traded as low as $5.52 and last traded at $5.77. Approximately 5,625 shares changed hands during trading, a decline of 7% from the average daily volume of 6,054 shares. The stock had previously closed at $6.00.

Stabilis Solutions Trading Down 5.4 %

The firm has a market cap of $101.47 million, a price-to-earnings ratio of 25.57 and a beta of 0.83. The company's 50-day moving average price is $4.88 and its 200-day moving average price is $4.39. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11.

Institutional Investors Weigh In On Stabilis Solutions

Several large investors have recently bought and sold shares of SLNG. Callahan Advisors LLC purchased a new position in shares of Stabilis Solutions in the second quarter valued at approximately $109,000. Dimensional Fund Advisors LP acquired a new position in Stabilis Solutions in the 2nd quarter valued at $41,000. Finally, Tieton Capital Management LLC lifted its holdings in Stabilis Solutions by 2.3% in the 2nd quarter. Tieton Capital Management LLC now owns 167,925 shares of the company's stock valued at $647,000 after purchasing an additional 3,773 shares in the last quarter. 3.81% of the stock is currently owned by hedge funds and other institutional investors.

Stabilis Solutions Company Profile

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.