Stabilis Solutions, Inc. (NASDAQ:SLNG - Get Free Report) was up 0.3% during trading on Thursday . The stock traded as high as $6.37 and last traded at $6.16. 9,319 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 22,651 shares. The stock had previously closed at $6.14.
Wall Street Analysts Forecast Growth
Separately, Maxim Group assumed coverage on shares of Stabilis Solutions in a research note on Monday. They set a "buy" rating and a $12.00 target price for the company.
Read Our Latest Report on Stabilis Solutions
Stabilis Solutions Trading Up 21.8 %
The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The stock has a market cap of $142.32 million, a price-to-earnings ratio of 36.48 and a beta of 0.84. The company has a fifty day simple moving average of $6.10 and a 200-day simple moving average of $4.99.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Stabilis Solutions stock. Dimensional Fund Advisors LP purchased a new position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,613 shares of the company's stock, valued at approximately $41,000. Dimensional Fund Advisors LP owned approximately 0.06% of Stabilis Solutions at the end of the most recent reporting period. 3.81% of the stock is currently owned by institutional investors and hedge funds.
Stabilis Solutions Company Profile
(
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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