Stabilis Solutions (NASDAQ:SLNG) Trading Up 0.3% – Here’s What Happened

Stabilis Solutions, Inc. (NASDAQ:SLNG)’s stock price rose 0.3% on Thursday . The company traded as high as $6.37 and last traded at $6.16. Approximately 9,319 shares changed hands during trading, a decline of 59% from the average daily volume of 22,651 shares. The stock had previously closed at $6.14.

Stabilis Solutions Stock Up 2.1 %

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22. The business’s 50 day moving average price is $6.10 and its 200 day moving average price is $4.98. The firm has a market cap of $116.87 million, a PE ratio of 29.95 and a beta of 0.84.

Stabilis Solutions (NASDAQ:SLNG) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.05 EPS for the quarter. The company had revenue of $17.63 million during the quarter. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%.

Hedge Funds Weigh In On Stabilis Solutions

A hedge fund recently bought a new stake in Stabilis Solutions stock. Dimensional Fund Advisors LP acquired a new stake in Stabilis Solutions, Inc. (NASDAQ:SLNG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,613 shares of the company’s stock, valued at approximately $41,000. Dimensional Fund Advisors LP owned about 0.06% of Stabilis Solutions at the end of the most recent quarter. Institutional investors own 3.81% of the company’s stock.

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.