Natural Gas Services Group Inc. (NYSE:NGS) CFO G Larry Lawrence sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $26.99, for a total value of $215,920.00. Following the sale, the chief financial officer now owns 43,221 shares in the company, valued at $1,166,534.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Natural Gas Services Group Inc. (NYSE:NGS) opened at 28.90 on Tuesday. The firm has a 50-day moving average price of $24.42 and a 200-day moving average price of $23.83. Natural Gas Services Group Inc. has a 1-year low of $15.96 and a 1-year high of $29.12. The firm has a market cap of $371.89 million, a price-to-earnings ratio of 43.85 and a beta of 0.89.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Thursday, November 3rd. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The business earned $16.20 million during the quarter, compared to analysts’ expectations of $17.39 million. Natural Gas Services Group had a return on equity of 3.78% and a net margin of 10.64%. The firm’s revenue for the quarter was down 23.6% compared to the same quarter last year. During the same period last year, the firm posted $0.20 EPS. On average, analysts expect that Natural Gas Services Group Inc. will post $0.47 earnings per share for the current fiscal year.

A number of analysts have weighed in on NGS shares. Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Friday, September 16th. Seaport Global Securities reiterated a “neutral” rating on shares of Natural Gas Services Group in a research report on Friday, August 19th. Lake Street Capital upped their price target on Natural Gas Services Group from $25.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 5th. Finally, TheStreet cut Natural Gas Services Group from a “buy” rating to a “hold” rating in a research report on Monday, August 15th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $29.00.

A number of hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake in Natural Gas Services Group by 0.7% in the third quarter. Rhumbline Advisers now owns 16,234 shares of the company’s stock valued at $399,000 after buying an additional 110 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Natural Gas Services Group by 0.5% in the third quarter. Victory Capital Management Inc. now owns 30,480 shares of the company’s stock valued at $750,000 after buying an additional 150 shares during the last quarter. BlackRock Advisors LLC boosted its stake in Natural Gas Services Group by 2.5% in the second quarter. BlackRock Advisors LLC now owns 6,503 shares of the company’s stock valued at $149,000 after buying an additional 156 shares during the last quarter. BlackRock Group LTD boosted its stake in Natural Gas Services Group by 4.8% in the third quarter. BlackRock Group LTD now owns 4,497 shares of the company’s stock valued at $110,000 after buying an additional 207 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in Natural Gas Services Group by 1.2% in the third quarter. California State Teachers Retirement System now owns 26,159 shares of the company’s stock valued at $643,000 after buying an additional 300 shares during the last quarter. 89.31% of the stock is owned by institutional investors and hedge funds.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

5 Day Chart for NYSE:NGS

Receive News & Stock Ratings for Natural Gas Services Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group Inc. and related stocks with our FREE daily email newsletter.