Valerie A. Mitchell Sells 357 Shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Stock

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Director Valerie A. Mitchell sold 357 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $29.02, for a total value of $10,360.14. Following the sale, the director now directly owns 27,255 shares of the company’s stock, valued at $790,940.10. This represents a 1.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NCS Multistage Trading Down 4.4 %

NASDAQ NCSM opened at $26.76 on Friday. The business has a 50 day simple moving average of $28.40 and a 200 day simple moving average of $24.05. The stock has a market capitalization of $68.00 million, a P/E ratio of 1.57 and a beta of 1.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.50 and a quick ratio of 2.63. NCS Multistage Holdings, Inc. has a one year low of $15.20 and a one year high of $31.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in NCS Multistage by 56.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,735 shares of the company’s stock worth $71,000 after acquiring an additional 982 shares in the last quarter. Geode Capital Management LLC bought a new position in NCS Multistage in the fourth quarter worth approximately $247,000. Renaissance Technologies LLC bought a new position in NCS Multistage in the fourth quarter worth approximately $261,000. Captrust Financial Advisors bought a new position in NCS Multistage in the third quarter worth approximately $310,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of NCS Multistage by 14.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 13,679 shares of the company’s stock valued at $355,000 after purchasing an additional 1,689 shares in the last quarter. Institutional investors own 70.91% of the company’s stock.

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.