Stabilis Solutions (NASDAQ:SLNG) Announces Earnings Results

Stabilis Solutions (NASDAQ:SLNG) released its earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%. The business had revenue of $17.30 million for the quarter.

Stabilis Solutions Stock Performance

Shares of Stabilis Solutions stock traded down $0.51 during mid-day trading on Thursday, hitting $6.41. 14,268 shares of the stock were exchanged, compared to its average volume of 24,883. The company has a market capitalization of $119.13 million, a P/E ratio of 32.64 and a beta of 0.83. Stabilis Solutions has a 12 month low of $3.77 and a 12 month high of $8.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.24. The company has a 50-day simple moving average of $6.55 and a 200 day simple moving average of $5.29.

Analyst Ratings Changes

Separately, Maxim Group began coverage on Stabilis Solutions in a research note on Monday, February 10th. They issued a “buy” rating and a $12.00 price target for the company.

Stabilis Solutions Company Profile

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.