NCS Multistage (NASDAQ:NCSM) Trading Down 0.2% – What’s Next?

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) shares fell 0.2% on Thursday . The company traded as low as $28.57 and last traded at $28.95. 2,394 shares were traded during trading, a decline of 76% from the average session volume of 10,069 shares. The stock had previously closed at $29.00.

NCS Multistage Stock Performance

The company has a market cap of $73.63 million, a PE ratio of 1.73 and a beta of 1.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.63 and a current ratio of 4.50. The firm’s 50 day moving average is $25.46 and its 200-day moving average is $21.16.

Institutional Investors Weigh In On NCS Multistage

A hedge fund recently bought a new stake in NCS Multistage stock. Captrust Financial Advisors bought a new stake in NCS Multistage Holdings, Inc. (NASDAQ:NCSM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,736 shares of the company’s stock, valued at approximately $310,000. Captrust Financial Advisors owned approximately 0.63% of NCS Multistage as of its most recent SEC filing. Institutional investors and hedge funds own 70.91% of the company’s stock.

About NCS Multistage

NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves.