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

Natural Gas Services Group (NYSE:NGS) is projected to release its earnings data 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

Natural Gas Services Group Price Performance

Shares of NYSE 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. Natural Gas Services Group has a twelve month low of $16.70 and a twelve month high of $29.74. The company has a market capitalization of $281.90 million, a price-to-earnings ratio of 17.63 and a beta of 1.13. The firm has a 50-day moving average of $26.02 and a two-hundred day moving average of $23.89.

Insider Buying and Selling at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 19,400 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 438,387 shares of the company’s stock, valued at $12,625,545.60. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.25% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.