Natural Gas Services Group (NGS) Projected to Post Quarterly Earnings on Monday

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

Natural Gas Services Group Stock Up 1.7 %

Natural Gas Services Group stock opened at $22.57 on Friday. The company has a 50-day simple moving average of $26.02 and a 200-day simple moving average of $23.89. The firm has a market capitalization of $281.90 million, a P/E ratio of 17.63 and a beta of 1.13. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. Natural Gas Services Group has a one year low of $16.70 and a one year high of $29.74.

Analyst Upgrades and Downgrades

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

Insider Activity at Natural Gas Services Group

In related 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 value of $558,720.00. Following the completion of the transaction, the director now owns 438,387 shares in the company, valued at $12,625,545.60. This represents a 4.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 7.25% of the stock is currently owned by insiders.

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.