Market Might Still Lack Some Conviction On Stabilis Solutions, Inc. (NASDAQ:SLNG) Even After 39% Share Price Boost
Those holding Stabilis Solutions, Inc. (NASDAQ:SLNG) shares would be relieved that the share price has rebounded 39% in the last thirty days, but it needs to keep going to repair the recent damage it has caused to investor portfolios. Notwithstanding the latest gain, the annual share price return of 7.8% isn’t as impressive.
Although its price has surged higher, there still wouldn’t be many who think Stabilis Solutions’ price-to-sales (or “P/S”) ratio of 1.3x is worth a mention when the median P/S in the United States’ Oil and Gas industry is similar at about 1.5x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
