Stabilis Solutions (NASDAQ:SLNG) Research Coverage Started at Maxim Group

Maxim Group initiated coverage on shares of Stabilis Solutions (NASDAQ:SLNG) in a research note released on Monday, Marketbeat.com reports. The brokerage issued a buy rating and a $12.00 price target on the stock.

Stabilis Solutions Stock Performance

NASDAQ:SLNG opened at $7.79 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The company has a market cap of $144.74 million, a P/E ratio of 37.10 and a beta of 0.84. Stabilis Solutions has a fifty-two week low of $3.77 and a fifty-two week high of $8.28. The firm’s 50 day moving average is $6.24 and its two-hundred day moving average is $5.06.

Hedge Funds Weigh In On Stabilis Solutions

A hedge fund recently bought a new stake in Stabilis Solutions stock. Dimensional Fund Advisors LP purchased a new position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,613 shares of the company’s stock, valued at approximately $41,000. Dimensional Fund Advisors LP owned 0.06% of Stabilis Solutions as of its most recent SEC filing. 3.81% of the stock is owned by institutional investors.

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.