NCS Multistage (NASDAQ:NCSM) Stock Price Down 0.2% – Here’s What Happened

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

NCS Multistage Trading Up 2.4 %

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

Institutional Inflows and Outflows

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) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,736 shares of the company’s stock, valued at approximately $310,000. Captrust Financial Advisors owned approximately 0.63% of NCS Multistage at the end of the most recent reporting period. Institutional investors 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.