Stabilis Solutions (NASDAQ:SLNG) Director Buys 5,000 Shares

Stabilis Solutions, Inc. (NASDAQ:SLNG) Director Edward Kuntz acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were bought at an average price of $5.41 per share, for a total transaction of $27,050.00. Following the acquisition, the director directly owned 74,839 shares of the company’s stock, valued at approximately $404,878.99. This trade represents a 7.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Stabilis Solutions Stock Up 2.1%

Shares of SLNG stock traded up $0.11 on Thursday, reaching $5.32. 32,178 shares of the company were exchanged, compared to its average volume of 40,617. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.59 and a quick ratio of 1.57. The company has a 50-day moving average of $4.99 and a 200-day moving average of $4.48. The company has a market cap of $98.95 million, a price-to-earnings ratio of -12.67 and a beta of -0.26. Stabilis Solutions, Inc. has a one year low of $3.21 and a one year high of $7.07.

Stabilis Solutions (NASDAQ:SLNG) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.17). The firm had revenue of $11.92 million for the quarter, compared to analyst estimates of $10.84 million. Stabilis Solutions had a negative return on equity of 12.33% and a negative net margin of 14.06%.

Institutional Trading of Stabilis Solutions

Several institutional investors and hedge funds have recently modified their holdings of SLNG. Sequoia Financial Advisors LLC lifted its holdings in shares of Stabilis Solutions by 11.5% in the second quarter. Sequoia Financial Advisors LLC now owns 19,464 shares of the company’s stock valued at $79,000 after purchasing an additional 2,000 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Stabilis Solutions during the second quarter worth $67,000. Bank of America Corp DE purchased a new stake in Stabilis Solutions in the 2nd quarter valued at $558,000. Tieton Capital Management LLC purchased a new stake in Stabilis Solutions in the 2nd quarter valued at $950,000. Finally, BlackRock Inc. bought a new position in Stabilis Solutions during the 2nd quarter valued at $50,000. 3.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Stabilis Solutions in a research report on Tuesday, September 1st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Stabilis Solutions Company Profile

Stabilis Solutions (NASDAQ: SLNG) is a U.S.-based marketer and distributor of cryogenic liquid products and liquefied natural gas (LNG). The company operates a nationwide network of terminals and bulk delivery assets, supplying industrial gases such as liquid oxygen, nitrogen and argon, as well as specialty products including carbon dioxide and hydrogen. Stabilis Solutions serves a broad array of end markets—from food and beverage processing to environmental applications and power generation—by ensuring a reliable chain of custody from production to point of use.

In addition to its cryogenic gas portfolio, Stabilis Solutions has developed a growing LNG business, providing clean-fuel solutions for heavy-duty transportation and on-site energy needs.