Insider Selling: Natural Gas Services Group, Inc. (NGS) VP Sells 6,410 Shares of Stock
Natural Gas Services Group, Inc. (NYSE:NGS) VP James R. Hazlett sold 6,410 shares of Natural Gas Services Group stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $28.98, for a total value of $185,761.80. Following the completion of the sale, the vice president now directly owns 48,109 shares in the company, valued at $1,394,198.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Natural Gas Services Group, Inc. (NYSE:NGS) traded up $0.15 on Wednesday, reaching $29.00. The company had a trading volume of 23,564 shares, compared to its average volume of 28,777. The stock has a market capitalization of $375.18, a price-to-earnings ratio of 161.11 and a beta of 1.28. Natural Gas Services Group, Inc. has a 12 month low of $22.40 and a 12 month high of $31.30.
Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.01). The company had revenue of $15.91 million during the quarter, compared to analysts’ expectations of $18.05 million. Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The company’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.12 EPS. equities research analysts expect that Natural Gas Services Group, Inc. will post 0.16 EPS for the current year.
Separately, Zacks Investment Research raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Thursday, November 30th.
About Natural Gas Services Group
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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