NCS Multistage (NASDAQ:NCSM) Announces Quarterly Earnings Results

NCS Multistage (NASDAQ:NCSM) announced its quarterly earnings results on Wednesday. The company reported $0.99 EPS for the quarter, Zacks reports. NCS Multistage had a negative net margin of 2.21% and a negative return on equity of 1.32%. The firm had revenue of $43.86 million during the quarter. During the same period in the previous year, the business posted $0.50 EPS.

NCS Multistage Trading Up 8.5 %

Shares of NCS Multistage stock traded up $1.39 on Thursday, reaching $17.79. The company had a trading volume of 17,737 shares, compared to its average volume of 3,250. The firm’s 50-day moving average price is $15.93 and its two-hundred day moving average price is $15.29. NCS Multistage has a 1 year low of $12.02 and a 1 year high of $21.85. The firm has a market cap of $44.30 million, a price-to-earnings ratio of -11.61 and a beta of 1.44. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.22 and a quick ratio of 1.92.

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.