Stabilis Solutions (NASDAQ:SLNG) Posts Quarterly Earnings Results

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

Stabilis Solutions Price Performance

Shares of Stabilis Solutions stock traded up $0.10 on Tuesday, hitting $6.92. 10,090 shares of the company were exchanged, compared to its average volume of 25,180. Stabilis Solutions has a 1-year low of $3.77 and a 1-year high of $8.28. 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 stock has a market capitalization of $128.61 million, a price-to-earnings ratio of 32.95 and a beta of 0.83. The company has a 50-day moving average price of $6.49 and a 200 day moving average price of $5.26.

Wall Street Analysts Forecast Growth

Separately, Maxim Group initiated coverage on Stabilis Solutions in a research report on Monday, February 10th. They set a “buy” rating and a $12.00 target price on the stock.

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.