Favorable Press Coverage Somewhat Unlikely to Affect Natural Gas Services Group (NGS) Stock Price
Media headlines about Natural Gas Services Group (NYSE:NGS) have been trending positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Natural Gas Services Group earned a media sentiment score of 0.46 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 46.3425213616385 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Natural Gas Services Group (NYSE NGS) opened at $25.40 on Tuesday. The firm has a market cap of $332.59, a PE ratio of 142.78 and a beta of 1.28. Natural Gas Services Group has a fifty-two week low of $22.40 and a fifty-two week high of $33.80.
Natural Gas Services Group (NYSE:NGS) last issued its earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.01). The firm had revenue of $15.91 million during the quarter, compared to analysts’ expectations of $18.05 million. Natural Gas Services Group had a net margin of 3.41% and a return on equity of 0.98%. The firm’s revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.12 EPS. analysts predict that Natural Gas Services Group will post 0.16 earnings per share for the current fiscal year.
In related news, VP James R. Hazlett sold 12,350 shares of the business’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $28.02, for a total transaction of $346,047.00. Following the sale, the vice president now owns 50,375 shares of the company’s stock, valued at $1,411,507.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Stephen Charles Taylor sold 3,874 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $28.58, for a total transaction of $110,718.92. The disclosure for this sale can be found here. 6.53% of the stock is currently owned by insiders.
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About Natural Gas Services Group
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.
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