Stabilis Solutions, Inc. (NASDAQ:SLNG – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 2,200 shares, a decline of 80.5% from the February 13th total of 11,300 shares. Based on an average daily trading volume, of 31,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Analysts Set New Price Targets
Separately, Maxim Group initiated coverage on shares of Stabilis Solutions in a research report on Monday, February 10th. They set a “buy” rating and a $12.00 price objective for the company.
Read Our Latest Report on SLNG
Institutional Inflows and Outflows
Stabilis Solutions Stock Up 6.0 %
Shares of Stabilis Solutions stock opened at $4.95 on Friday. The stock has a market capitalization of $92.05 million, a price-to-earnings ratio of 23.57 and a beta of 0.93. Stabilis Solutions has a twelve month low of $3.77 and a twelve month high of $8.28. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The business’s 50 day simple moving average is $6.44 and its 200-day simple moving average is $5.34.
Stabilis Solutions (NASDAQ:SLNG – Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.11 earnings per share for the quarter. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%. The firm had revenue of $17.30 million for the quarter.
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.
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