News stories about Natural Gas Services Group (NYSE:NGS) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Natural Gas Services Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 93 out of 100, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the next several days.
Shares of Natural Gas Services Group (NYSE:NGS) opened at 25.10 on Tuesday. The firm has a 50-day moving average of $25.83 and a 200-day moving average of $27.84. Natural Gas Services Group has a 12 month low of $20.65 and a 12 month high of $34.50. The company has a market capitalization of $324.72 million, a P/E ratio of 78.44 and a beta of 1.24.
Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Thursday, May 4th. The oil and gas company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by $0.04. The firm had revenue of $18.92 million for the quarter, compared to analyst estimates of $15.80 million. Natural Gas Services Group had a return on equity of 1.80% and a net margin of 6.06%. Natural Gas Services Group’s revenue for the quarter was down 12.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS. On average, equities analysts predict that Natural Gas Services Group will post $0.28 earnings per share for the current year.
NGS has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 31st. Zacks Investment Research lowered shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Natural Gas Services Group presently has an average rating of “Hold” and an average target price of $32.50.
In other news, CEO Stephen Charles Taylor sold 12,000 shares of Natural Gas Services Group stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $24.99, for a total transaction of $299,880.00. Following the transaction, the chief executive officer now owns 284,245 shares in the company, valued at approximately $7,103,282.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William F. Hughes, Jr. sold 1,500 shares of Natural Gas Services Group stock in a transaction on Monday, June 5th. The stock was sold at an average price of $26.86, for a total value of $40,290.00. Following the transaction, the director now owns 37,563 shares in the company, valued at approximately $1,008,942.18. The disclosure for this sale can be found here. Insiders have sold a total of 16,440 shares of company stock worth $411,318 in the last ninety days. Corporate insiders own 6.53% of the company’s stock.
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.
Receive News & Ratings for Natural Gas Services Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.