Stabilis Solutions (NASDAQ:SLNG – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.17), FiscalAI reports. The business had revenue of $11.92 million during the quarter, compared to analysts’ expectations of $10.84 million. Stabilis Solutions had a negative return on equity of 5.85% and a negative net margin of 6.25%.
Stabilis Solutions Price Performance
Stabilis Solutions stock traded up $0.15 during mid-day trading on Tuesday, hitting $5.16. The stock had a trading volume of 32,322 shares, compared to its average volume of 38,692. Stabilis Solutions has a one year low of $3.21 and a one year high of $6.36. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $95.98 million, a P/E ratio of -25.80 and a beta of -0.32. The firm’s 50 day moving average is $4.39 and its 200 day moving average is $4.41.
Insider Buying and Selling
In other Stabilis Solutions news, Director Edward L. Kuntz acquired 7,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average cost of $3.89 per share, for a total transaction of $29,175.00. Following the completion of the transaction, the director directly owned 69,839 shares of the company’s stock, valued at approximately $271,673.71. The trade was a 12.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 72.20% of the stock is currently owned by corporate insiders.
Institutional Trading of Stabilis Solutions
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Stabilis Solutions in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.
Get Our Latest Analysis on SLNG
About Stabilis Solutions
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.
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