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

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

Stabilis Solutions Stock Performance

Shares of SLNG stock opened at $5.32 on Friday. The stock has a market capitalization 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. The company’s 50-day simple moving average is $5.01 and its 200-day simple moving average is $4.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.57 and a current ratio of 1.59.

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

Institutional Investors Weigh In On Stabilis Solutions

A number of hedge funds have recently added to or reduced their stakes in SLNG. Sequoia Financial Advisors LLC grew its position in shares of Stabilis Solutions by 11.5% during the second quarter. Sequoia Financial Advisors LLC now owns 19,464 shares of the company’s stock worth $79,000 after acquiring an additional 2,000 shares during the last quarter. Susquehanna International Group LLP bought a new stake in Stabilis Solutions in the 2nd quarter valued at about $67,000. Bank of America Corp DE bought a new stake in Stabilis Solutions in the 2nd quarter valued at about $558,000. Tieton Capital Management LLC acquired a new position in Stabilis Solutions during the 2nd quarter valued at about $950,000. Finally, BlackRock Inc. acquired a new position in Stabilis Solutions during the 2nd quarter valued at about $50,000. 3.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Stabilis Solutions in a research note on Tuesday, September 1st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Stabilis Solutions 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.