Natural gas services group, inc. (ngs) director david l. bradshaw sold 2,540 shares of shares – bangaloreweekly

Shares of Natural Gas Services Group, Inc. (NYSE NGS) traded up 3.94% during midday trading on Thursday, hitting $23.75. 143,744 shares of the company’s stock were exchanged. Natural Gas Services Group, Inc. has a 1-year low of $20.65 and a 1-year high of $34.50. The stock’s 50 day moving average is $26.28 and its 200-day moving average is $28.19. The stock has a market cap of $307.25 million, a PE ratio of 74.22 and a beta of 1.24.

Natural Gas Services Group, Inc. (NYSE:NGS) Director David L. Bradshaw sold 2,540 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $23.60, for a total transaction of $59,944.00.


Following the sale, the director now directly owns 18,000 shares in the company, valued at $424,800. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Natural Gas Services Group (NYSE:NGS) last posted its quarterly earnings data on Thursday, May 4th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by $0.04. The firm had revenue of $18.92 million for the quarter, compared to analysts’ expectations of $15.80 million. Natural Gas Services Group had a net margin of 6.06% and a return on equity of 1.80%. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.20 EPS. Analysts predict that Natural Gas Services Group, Inc. will post $0.32 earnings per share for the current fiscal year.

NGS has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. ValuEngine raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $32.50.

Several hedge funds have recently bought and sold shares of NGS. Bank of America Corp DE raised its stake in Natural Gas Services Group by 29.0% in the first quarter. Bank of America Corp DE now owns 5,239 shares of the oil and gas company’s stock worth $137,000 after buying an additional 1,178 shares in the last quarter. American International Group Inc. raised its stake in Natural Gas Services Group by 7.1% in the first quarter. American International Group Inc. now owns 7,594 shares of the oil and gas company’s stock worth $198,000 after buying an additional 504 shares in the last quarter. WFG Advisors LP raised its stake in Natural Gas Services Group by 60.1% in the fourth quarter. WFG Advisors LP now owns 4,002 shares of the oil and gas company’s stock worth $199,000 after buying an additional 1,502 shares in the last quarter. Highbridge Capital Management LLC purchased a new stake in Natural Gas Services Group during the fourth quarter worth about $265,000. Finally, Trexquant Investment LP purchased a new stake in Natural Gas Services Group during the first quarter worth about $266,000. Institutional investors own 87.97% of the company’s stock.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NGS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});