Natural Gas Services Group (NGS) Scheduled to Post Quarterly Earnings on Wednesday

Natural Gas Services Group (NYSE:NGS) is scheduled to announce its earnings results after the market closes on Wednesday, August 14th.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings results on Wednesday, May 15th. The oil and gas company reported $0.41 EPS for the quarter. Natural Gas Services Group had a net margin of 7.21% and a return on equity of 4.35%. The company had revenue of $36.91 million for the quarter.

Natural Gas Services Group Stock Up 3.0 %

NGS opened at $17.99 on Wednesday. The stock’s 50 day moving average price is $19.92 and its 200 day moving average price is $19.63. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.23 and a quick ratio of 2.46. The stock has a market cap of $223.74 million, a P/E ratio of 22.99 and a beta of 1.09. Natural Gas Services Group has a 12 month low of $10.00 and a 12 month high of $25.24.

Insider Buying and Selling

In related news, CEO Justin Jacobs purchased 2,500 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of $19.08 per share, for a total transaction of $47,700.00. Following the completion of the acquisition, the chief executive officer now owns 2,862 shares in the company, valued at approximately $54,606.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.93% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NGS. Raymond James assumed coverage on shares of Natural Gas Services Group in a research note on Wednesday. They set a “strong-buy” rating and a $27.00 price objective on the stock. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Friday, May 24th.

About Natural Gas Services Group

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.