Stabilis Solutions (NASDAQ:SLNG) Stock Price Up 0.2% - Here's What Happened

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

Stabilis Solutions Price Performance

The business's 50 day moving average is $5.22 and its 200-day moving average is $4.56. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $114.30 million, a P/E ratio of 29.29 and a beta of 0.82.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Stabilis Solutions stock. Tieton Capital Management LLC lifted its position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG - Free Report) by 2.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 167,925 shares of the company's stock after purchasing an additional 3,773 shares during the period. Tieton Capital Management LLC owned about 0.90% of Stabilis Solutions worth $647,000 as of its most recent filing with the Securities and Exchange Commission. 3.81% of the stock is currently owned by institutional investors and hedge funds.

About Stabilis Solutions

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.