Stabilis Solutions (NASDAQ:SLNG) Stock Price Down 3.8% – Should You Sell?

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

Stabilis Solutions Stock Down 3.8 %

The firm’s 50 day simple moving average is $4.88 and its 200 day simple moving average is $4.39. The company has a market cap of $107.24 million, a price-to-earnings ratio of 27.48 and a beta of 0.83. 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 Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SLNG. Tieton Capital Management LLC lifted its position in Stabilis Solutions by 2.3% in the second quarter. Tieton Capital Management LLC now owns 167,925 shares of the company’s stock worth $647,000 after purchasing an additional 3,773 shares during the period. Dimensional Fund Advisors LP acquired a new stake in shares of Stabilis Solutions in the second quarter valued at $41,000. Finally, Callahan Advisors LLC acquired a new stake in shares of Stabilis Solutions in the second quarter valued at $109,000. Institutional investors and hedge funds own 3.81% of the company’s stock.

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.