Natural Gas Services Group, Inc. (NYSE:NGS) CFO G Larry Lawrence sold 6,000 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $25.23, for a total transaction of $151,380.00. Following the completion of the transaction, the chief financial officer now owns 39,478 shares in the company, valued at approximately $996,029.94. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Natural Gas Services Group, Inc. (NYSE:NGS) traded up $0.35 during trading on Wednesday, hitting $25.75. 9,233 shares of the stock were exchanged, compared to its average volume of 39,017. The firm has a market cap of $333.14, a price-to-earnings ratio of 141.11 and a beta of 1.28. Natural Gas Services Group, Inc. has a 1-year low of $22.40 and a 1-year high of $33.80.
Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The business had revenue of $15.91 million for the quarter, compared to analyst estimates of $18.05 million. Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. Natural Gas Services Group’s revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS. analysts forecast that Natural Gas Services Group, Inc. will post 0.16 earnings per share for the current fiscal year.
NGS has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Finally, Imperial Capital started coverage on shares of Natural Gas Services Group in a research note on Wednesday, August 23rd. They issued an “outperform” rating and a $27.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $33.00.
Natural Gas Services Group Company Profile
Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.
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