Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor Sells 3,442 Shares

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 3,442 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $25.51, for a total value of $87,805.42. Following the completion of the transaction, the director now directly owns 524,903 shares of the company’s stock, valued at approximately $13,390,275.53. The trade was a 0.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Stephen Charles Taylor also recently made the following trade(s):

• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The shares were sold at an average price of $25.01, for a total value of $251,150.42.
• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total value of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total transaction of $75,852.00.
• On Monday, August 26th, Stephen Charles Taylor sold 3,181 shares of Natural Gas Services Group stock. The shares were sold at an average price of $22.00, for a total transaction of $69,982.00.
• On Tuesday, August 20th, Stephen Charles Taylor sold 4,690 shares of Natural Gas Services Group stock. The stock was sold at an average price of $22.14, for a total transaction of $103,836.60.

Natural Gas Services Group Stock Up 2.6 %

Natural Gas Services Group stock opened at $25.66 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a 1-year low of $12.75 and a 1-year high of $25.85. The company has a fifty day simple moving average of $20.71 and a 200 day simple moving average of $20.62. The company has a market cap of $319.98 million, a P/E ratio of 20.05 and a beta of 1.03.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NGS shares. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Wednesday. Raymond James started coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price objective for the company.

Hedge Funds Weigh In On Natural Gas Services Group

Hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. raised its holdings in Natural Gas Services Group by 32.4% during the first quarter. Russell Investments Group Ltd. now owns 172,221 shares of the oil and gas company’s stock worth $3,346,000 after acquiring an additional 42,099 shares in the last quarter. Ancora Advisors LLC raised its stake in shares of Natural Gas Services Group by 163.7% during the 1st quarter. Ancora Advisors LLC now owns 83,830 shares of the oil and gas company’s stock worth $1,629,000 after purchasing an additional 52,040 shares in the last quarter. ClariVest Asset Management LLC acquired a new stake in shares of Natural Gas Services Group in the 2nd quarter valued at approximately $693,000. Bank of New York Mellon Corp acquired a new position in shares of Natural Gas Services Group during the 2nd quarter worth about $788,000. Finally, Vanguard Group Inc. raised its holdings in shares of Natural Gas Services Group by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock valued at $9,543,000 after purchasing an additional 6,129 shares during the period. Institutional investors own 65.62% of the company’s stock.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.