Maxim Group Begins Coverage on Stabilis Solutions (NASDAQ:SLNG)

Maxim Group started coverage on shares of Stabilis Solutions (NASDAQ:SLNG) in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $12.00 price objective on the stock.

Stabilis Solutions Stock Performance

Shares of SLNG stock opened at $7.79 on Monday. The company’s fifty day simple moving average is $6.24 and its 200-day simple moving average is $5.06. Stabilis Solutions has a 52 week low of $3.77 and a 52 week 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 company has a market cap of $144.74 million, a PE ratio of 37.10 and a beta of 0.84.

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 stake in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 10,613 shares of the company’s stock, valued at approximately $41,000. Dimensional Fund Advisors LP owned approximately 0.06% of Stabilis Solutions at the end of the most recent quarter. 3.81% of the stock is currently 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.