Maxim Group initiated coverage on shares of Stabilis Solutions (NASDAQ:SLNG – Free Report) in a report released on Monday morning,Benzinga reports. The firm issued a buy rating and a $12.00 price objective on the stock.
Stabilis Solutions Price Performance
SLNG stock opened at $7.66 on Monday. The stock has a market cap of $142.32 million, a PE ratio of 36.48 and a beta of 0.84. Stabilis Solutions has a 12 month low of $3.77 and a 12 month high of $7.93. The company has a 50-day moving average price of $6.15 and a 200 day moving average price of $5.02. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11.
Institutional Investors Weigh In On 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 – Free Report) during the 2nd quarter, according to the company in its most recent disclosure 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 about 0.06% of Stabilis Solutions as of its most recent SEC filing. Institutional investors and hedge funds 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.
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