Natural Gas Services Group, Inc. (NYSE:NGS) Director David L. Bradshaw sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $27.29, for a total value of $68,225.00. Following the completion of the sale, the director now owns 17,353 shares of the company’s stock, valued at $473,563.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Natural Gas Services Group, Inc. (NGS) traded down $0.50 during mid-day trading on Wednesday, hitting $25.75. The company had a trading volume of 9,836 shares, compared to its average volume of 26,144. The company has a market capitalization of $359.77, a PE ratio of 17.38 and a beta of 1.27. Natural Gas Services Group, Inc. has a fifty-two week low of $22.40 and a fifty-two week high of $29.55.
Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings results on Thursday, March 8th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $16.70 million during the quarter, compared to the consensus estimate of $16.77 million. Natural Gas Services Group had a net margin of 29.31% and a return on equity of 0.64%. research analysts expect that Natural Gas Services Group, Inc. will post 0.34 EPS for the current year.
NGS has been the subject of several recent research reports. Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. Seaport Global Securities reiterated a “buy” rating and issued a $29.00 price target on shares of Natural Gas Services Group in a research note on Friday, March 9th. Capital One Financial reiterated an “overweight” rating on shares of Natural Gas Services Group in a research note on Thursday, March 8th. Finally, TheStreet upgraded Natural Gas Services Group from a “c+” rating to a “b” rating in a research note on Friday, March 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $28.00.
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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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