At the last check on Friday, Stabilis Solutions Inc.’s (NASDAQ:SLNG) stock was up $1.22, moving up 27.47 percent to $5.68. The average number of shares traded per day over the past five days has been 141,541 shares. 4 times new highs have been achieved over the past 5 days, with a $1.36 gain in that time frame. In the last twenty days, the average volume was 39,215, while in the previous 50 days, it was 18,554.
Since last month, SLNG stock rose 28.63%. Shares of the company fell to $3.85 on 08/02/23, the lowest level in the past month. A 52-week high of $12.32 was reached on 08/18/23 after having rallying from a 52-week low of $3.00. Since the beginning of this year, SLNG’s stock price has risen by 6.96% or $0.28, and marked a new high 4 times. However, the stock has declined by -53.86% since its 52-week high.
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SLNG stock investors should be aware that Stabilis Solutions Inc. (SLNG) stock had its last reported insider trading activity 84 days ago on May 26. KUNTZ EDWARD L, the Director of the company, purchased of 7,000 shares for $3.87 on May 26. It resulted in a $27,090 investment by the insider. Morris Matthew added 3,866 shares at an average price of $3.51 on May 17. The insider now owns 16,000 shares following the transaction. On May 16, Director Morris Matthew bought 4,134 shares at $3.36 apiece. The transaction was valued at $13,872.
Valuation Metrics
Right now, Stabilis Solutions Inc. (SLNG) has a P/E ratio of about 355.31. The stock’s beta is 0.24. Besides these, the trailing price-to-sales (P/S) ratio of 1.00, the price-to-book (PB) ratio of 1.70, and the price-to-cash flow ratio of 8.94 may also be considered.
Financial Health
In the three months ended June 29, Stabilis Solutions Inc.’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.14, and the total debt-to-equity ratio was 0.18. On the profitability front, the trailing twelve-month gross margin is 21.70% percent. In the year ended June 29, EBITDA margin amounted to 8.03%, whereas operating margins totaled 0.00%. Based on annual data, SLNG earned $21.13 million in gross profit and brought in $98.82 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.30%. Return on equity (ROE) for the past 12 months was -5.30%.
In Stabilis Solutions Inc.’s quarter-end financial report for June 29, it reported total debt of $8.35 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SLNG’s revenue fell -103.31% to $27.01 million during the quarter, while net income inched up to $12.68 million. While analysts expected Stabilis Solutions Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.12 per share, beating the consensus estimate by -71.40%. During the quarter, the company generated $0.19 million in EBITDA. The liabilities of Stabilis Solutions Inc. were 22.15 million at the end of its most recent quarter ended June 29, and its total debt was $10.17 million. The value of shareholders’ equity is $18.48 million.
Technical Picture
This quick technical analysis looks at Stabilis Solutions Inc.’s (SLNG) price momentum. With a historical volatility rate of 119.02%, the RSI 9-day stood at 81.53% on 17 August.
With respect to its five-day moving average, the current Stabilis Solutions Inc. price is up by +32.08% percent or $1.36. At present, SLNG shares trade +26.98% above its 20-day simple moving average and +55.56% percent above its 100-day simple moving average. However, the stock is currently trading approximately +28.05% above its SMA50 and -30.09% below its SMA200.
Stochastic coefficient K was 59.49% and Stochastic coefficient D was 53.33%, while ATR was 0.46. Given the Stochastic reading of 68.63% for the 14-day period, the RSI (14) reading has been calculated as 73.64%. As of today, the MACD Oscillator reading stands at 0.37, while the 14-day reading stands at 0.44.
Analyst Ratings
Stabilis Solutions Inc. (SLNG) has been rated Buy by analysts. According to 0 brokerage firms, SLNG is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Stabilis Solutions Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $9.00, the current consensus forecast for the stock is $9.00 – $9.00. Based on these forecasts, analysts predict Stabilis Solutions Inc. (SLNG) will achieve an average price target of $9.00.
