At the end of the latest market close, Stabilis Solutions Inc. (SLNG) was valued at $5.09. In that particular session, Stock kicked-off at the price of $5.1138 while reaching the peak value of $5.25 and lowest value recorded on the day was $4.90. The stock current value is $10.32.Recently in News on September 21, 2022, Stabilis Solutions Receives DOE Approval to Export LNG. Stabilis Solutions, Inc., (“Stabilis”) (NASDAQ:SLNG), today announced that it has received authorization from the U.S. Department of Energy (“DOE”) to export domestically produced liquefied natural gas (“LNG”) to all free trade and non-free trade countries, including Asian, European, and Latin American importing nations. Under the DOE’s order, Stabilis received authority to export on its own behalf, or as agent for others, up to the equivalent of 51.75 billion cubic feet per year of domestically produced LNG. The authorization is for a term of 28 years. You can read further details here
Stabilis Solutions Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.70 on 09/21/22, with the lowest value was $2.98 for the same time period, recorded on 01/24/22.
Stabilis Solutions Inc. (SLNG) full year performance was -23.46%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Stabilis Solutions Inc. shares are logging 34.55% during the 52-week period from high price, and 246.30% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.98 and $7.67.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 9069499 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Stabilis Solutions Inc. (SLNG) recorded performance in the market was 20.33%, having the revenues showcasing 11.14% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 90.35M, as it employees total of 249 workers.
Specialists analysis on Stabilis Solutions Inc. (SLNG)
During the last month, 0 analysts gave the Stabilis Solutions Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.66, with a change in the price was noted +5.83. In a similar fashion, Stabilis Solutions Inc. posted a movement of +127.82% for the period of last 100 days, recording 83,159 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SLNG is recording 0.21 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.17.
Trends and Technical analysis: Stabilis Solutions Inc. (SLNG)
Raw Stochastic average of Stabilis Solutions Inc. in the period of last 50 days is set at 83.42%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 81.97%. In the last 20 days, the company’s Stochastic %K was 66.84% and its Stochastic %D was recorded 67.93%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 20.33%. Additionally, trading for the stock in the period of the last six months notably improved by 17.82%, alongside a downfall of -23.46% for the period of the last 12 months. The shares increased approximately by -3.60% in the 7-day charts and went down by 15.68% in the period of the last 30 days. Common stock shares were driven by 11.14% during last recorded quarter.