Stabilis Solutions, Inc.’s (NASDAQ:SLNG) P/S Is Still On The Mark Following 53% Share Price Bounce
Stabilis Solutions, Inc. (NASDAQ:SLNG) shareholders are no doubt pleased to see that the share price has bounced 53% in the last month, although it is still struggling to make up recently lost ground. The last 30 days bring the annual gain to a very sharp 43%.
In spite of the firm bounce in price, it’s still not a stretch to say that Stabilis Solutions’ price-to-sales (or “P/S”) ratio of 1.5x right now seems quite “middle-of-the-road” compared to the Oil and Gas industry in the United States, where the median P/S ratio is around 1.6x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
We’ve discovered 2 warning signs about Stabilis Solutions. View them…
