Stabilis Solutions (NASDAQ:SLNG) Now Covered by Maxim Group

Maxim Group started coverage on shares of Stabilis Solutions (NASDAQ:SLNG) in a report released on Monday morning,Benzinga reports. The firm issued a buy rating and a $12.00 target price on the stock.

Stabilis Solutions Trading Up 21.8 %

Shares of SLNG stock opened at $7.66 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.24. The stock has a fifty day simple moving average of $6.15 and a two-hundred day simple moving average of $5.02. The firm has a market capitalization of $142.32 million, a PE ratio of 36.48 and a beta of 0.84. Stabilis Solutions has a 52-week low of $3.77 and a 52-week high of $7.93.

Institutional Investors Weigh In On Stabilis Solutions

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