Natural Gas Services Group (NGS) Expected to Announce Earnings on Monday

Natural Gas Services Group (NYSE:NGS) is projected to post its quarterly earnings results after the market closes on Monday, March 17th. Analysts expect Natural Gas Services Group to post earnings of $0.26 per share and revenue of $40.84 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Natural Gas Services Group Stock Performance

Shares of NGS opened at $22.57 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $281.90 million, a P/E ratio of 17.63 and a beta of 1.13. The firm’s fifty day simple moving average is $26.13 and its two-hundred day simple moving average is $23.87. Natural Gas Services Group has a 12 month low of $16.70 and a 12 month high of $29.74.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th.

Insider Transactions at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 19,400 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total transaction of $558,720.00. Following the transaction, the director now owns 438,387 shares of the company’s stock, valued at $12,625,545.60. This represents a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 7.25% of the company’s stock.

Natural Gas Services Group Company Profile

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.