Natural Gas Services Group (NGS) Projected to Post Earnings on Monday
Natural Gas Services Group (NYSE:NGS — Get Free Report) will likely be releasing its earnings data after the market closes on Monday, March 17th. Analysts expect Natural Gas Services Group to post earnings of $0.26 per share and revenue of $40.84 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Natural Gas Services Group Price Performance
Shares of NGS stock opened at $21.68 on Monday. The firm has a market cap of $270.78 million, a P/E ratio of 16.94 and a beta of 1.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. Natural Gas Services Group has a 1-year low of $16.70 and a 1-year high of $29.74. The firm has a fifty day moving average of $26.55 and a two-hundred day moving average of $23.88.
Insiders Place Their Bets
In other news, Director Stephen Charles Taylor sold 19,400 shares of Natural Gas Services Group stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total value of $558,720.00. Following the completion of the transaction, the director now directly owns 438,387 shares of the company’s stock, valued at approximately $12,625,545.60. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 7.25% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th.
Get Our Latest Stock Analysis on Natural Gas Services Group
Natural Gas Services Group Company Profile
Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.
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