Stabilis Solutions (NASDAQ:SLNG) Shares Up 0.2% – Here’s Why

Stabilis Solutions, Inc. (NASDAQ:SLNG) shares were up 0.2% during mid-day trading on Tuesday . The stock 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 0.2 %

The business has a 50-day moving average price of $5.22 and a 200 day moving average price of $4.56. 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 capitalization of $113.55 million, a P/E ratio of 29.10 and a beta of 0.82.

Institutional Trading of Stabilis Solutions

An institutional investor recently bought a new position in Stabilis Solutions stock. Dimensional Fund Advisors LP acquired a new stake in Stabilis Solutions, Inc. (NASDAQ:SLNG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 reporting period. Hedge funds and other 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.