News articles about Natural Gas Services Group (NYSE:NGS) have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Natural Gas Services Group earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 71 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Financial Review: Oil States International (OIS) & Natural Gas Services Group (NGS) (americanbankingnews.com)
- NATURAL GAS SERVICES : ANNOUNCES ITS SECOND QUARTER 2017 EARNINGS CALL (4-traders.com)
- Natural Gas Services Group, Inc. (NGS) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Natural Gas Services Group, Inc. breached its 50 day moving average in a Bullish Manner : NGS-US : July 20, 2017 (finance.yahoo.com)
- NATURAL GAS SERVICES GROUP ANNOUNCES ITS SECOND QUARTER 2017 EARNINGS CALL (finance.yahoo.com)
Shares of Natural Gas Services Group (NYSE NGS) traded down 0.19% during mid-day trading on Friday, hitting $25.75. The company’s stock had a trading volume of 51,524 shares. The stock has a 50-day moving average of $25.27 and a 200-day moving average of $27.06. The company has a market cap of $333.13 million, a PE ratio of 80.47 and a beta of 1.23. Natural Gas Services Group has a 12-month low of $20.65 and a 12-month high of $34.50.
Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Thursday, May 4th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $18.92 million during the quarter, compared to analyst estimates of $15.80 million. Natural Gas Services Group had a net margin of 6.06% and a return on equity of 1.80%. Natural Gas Services Group’s quarterly revenue was down 12.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 EPS. On average, equities research analysts forecast that Natural Gas Services Group will post $0.28 EPS for the current year.
Several equities research analysts have commented on NGS shares. ValuEngine upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 31st. Zacks Investment Research downgraded Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Natural Gas Services Group has an average rating of “Hold” and an average price target of $32.50.
In other news, Director David L. Bradshaw sold 2,540 shares of Natural Gas Services Group stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $23.60, for a total transaction of $59,944.00. Following the transaction, the director now directly owns 18,000 shares in the company, valued at approximately $424,800. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Stephen Charles Taylor sold 12,000 shares of Natural Gas Services Group stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $24.99, for a total value of $299,880.00. Following the transaction, the chief executive officer now owns 284,245 shares in the company, valued at $7,103,282.55. The disclosure for this sale can be found here. Insiders have sold a total of 16,440 shares of company stock worth $411,318 over the last quarter. Insiders own 6.88% of the company’s stock.
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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