NCS Multistage (NASDAQ:NCSM) Issues Quarterly Earnings Results

NCS Multistage (NASDAQ:NCSM) issued its quarterly earnings data on Monday. The company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $1.44, Zacks reports. NCS Multistage had a net margin of 27.99% and a return on equity of 2.60%.

NCS Multistage Stock Up 3.6 %

Shares of NCSM traded up $0.91 during trading hours on Monday, hitting $26.40. The company had a trading volume of 24,345 shares, compared to its average volume of 6,025. NCS Multistage has a one year low of $14.75 and a one year high of $32.40. The company’s fifty day moving average price is $28.31 and its two-hundred day moving average price is $23.89. The company has a market capitalization of $66.08 million, a PE ratio of 1.55 and a beta of 1.05. The company has a current ratio of 4.50, a quick ratio of 2.63 and a debt-to-equity ratio of 0.06.

NCS Multistage Company Profile

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.