Stabilis Energy (NASDAQ:SLNG) Trading Up 1.5%
Stabilis Energy (NASDAQ:SLNG) shares were up 1.5% on Tuesday . The stock traded as high as $1.00 and last traded at $0.99, approximately 3,020 shares changed hands during mid-day trading. A decline of 2% from the average daily volume of 3,074 shares. The stock had previously closed at $0.97.
The firm has a 50 day moving average price of $4.07.
A hedge fund recently raised its stake in Stabilis Energy stock. Tieton Capital Management LLC raised its holdings in Stabilis Energy (NASDAQ:SLNG) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,047 shares of the company’s stock after purchasing an additional 18,366 shares during the period. Stabilis Energy accounts for about 0.8% of Tieton Capital Management LLC’s holdings, making the stock its 28th biggest position. Tieton Capital Management LLC owned 1.24% of Stabilis Energy worth $978,000 at the end of the most recent quarter.
Stabilis Energy, Inc provides small-scale liquefied natural gas (LNG) production, distribution, and fueling services to various end markets in North America. It offers LNG fuel for high-horsepower equipment that drives drilling and fracturing operations; and fuel solutions to industrial users of diesel and other crude-based fuel products.
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