Zacks Upgrades Natural Gas Services Group to “Neutral” (NGS)
Natural Gas Services Group (NYSE:NGS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Monday, American Banking & Market News reports. The firm currently has a $27.70 target price on the stock. Zacks‘ price objective would indicate a potential upside of 2.37% from the company’s current price.
Natural Gas Services Group (NYSE:NGS) traded up 0.07% during mid-day trading on Monday, hitting $27.06. The stock had a trading volume of 33,516 shares. Natural Gas Services Group has a 52-week low of $16.73 and a 52-week high of $30.95. The stock’s 50-day moving average is $27.88 and its 200-day moving average is $27.08. The company has a market cap of $335.7 million and a P/E ratio of 22.72.
Natural Gas Services Group (NYSE:NGS) last announced its earnings results on Thursday, November 7th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.31 by $0.04. Analysts expect that Natural Gas Services Group will post $1.20 EPS for the current fiscal year.
Natural Gas Services Group, Inc (NYSE:NGS), is a provider of small to medium horsepower compression equipment to the natural gas industry.
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