Stabilis Solutions (NASDAQ:SLNG) Trading 0.2% Higher – Should You Buy?

Shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) traded up 0.2% during trading on Tuesday . The company traded as high as $6.11 and last traded at $6.11. 17,799 shares traded hands during trading, a decline of 27% from the average session volume of 24,440 shares. The stock had previously closed at $6.10.

Stabilis Solutions Stock Up 0.2 %

The company’s 50-day simple moving average is $5.22 and its two-hundred day simple moving average is $4.56. The firm has a market capitalization of $113.55 million, a P/E ratio of 29.10 and a beta of 0.82. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Stabilis Solutions stock. Tieton Capital Management LLC grew its position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,925 shares of the company’s stock after purchasing an additional 3,773 shares during the period. Tieton Capital Management LLC owned approximately 0.90% of Stabilis Solutions worth $647,000 at the end of the most recent reporting period. 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.