Stabilis Solutions (NASDAQ:SLNG) Trading 0.2% Higher – Time to Buy?

Stabilis Solutions, Inc. (NASDAQ:SLNG) rose 0.2% on Tuesday . The stock traded as high as $6.11 and last traded at $6.11. Approximately 17,799 shares traded 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 Trading Up 0.7 %

The firm has a market capitalization of $114.30 million, a P/E ratio of 29.29 and a beta of 0.82. The firm has a fifty day simple moving average of $5.26 and a two-hundred day simple moving average of $4.57. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22.

Hedge Funds Weigh In On Stabilis Solutions

An institutional investor recently bought a new position in Stabilis Solutions stock. Dimensional Fund Advisors LP acquired a new position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) during the second quarter, according to the company in its most recent Form 13F 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 approximately 0.06% of Stabilis Solutions as of its most recent filing with the Securities and Exchange Commission. 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.