Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor Sells 2,191 Shares

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 2,191 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $24.50, for a total transaction of $53,679.50. Following the transaction, the director now directly owns 538,387 shares of the company’s stock, valued at $13,190,481.50. The trade was a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Stephen Charles Taylor also recently made the following trade(s):

• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total value of $75,852.00.
• On Monday, August 26th, Stephen Charles Taylor sold 3,181 shares of Natural Gas Services Group stock. The stock was sold at an average price of $22.00, for a total value of $69,982.00.
• On Tuesday, August 20th, Stephen Charles Taylor sold 4,690 shares of Natural Gas Services Group stock. The stock was sold at an average price of $22.14, for a total transaction of $103,836.60.

Natural Gas Services Group Price Performance

Shares of NYSE:NGS opened at $24.55 on Friday. The firm has a market capitalization of $306.14 million, a PE ratio of 23.16 and a beta of 1.03. The company has a current ratio of 2.34, a quick ratio of 1.66 and a debt-to-equity ratio of 0.66. Natural Gas Services Group, Inc. has a 1-year low of $12.75 and a 1-year high of $25.24. The business’s 50 day moving average is $20.33 and its 200-day moving average is $20.60.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings data on Wednesday, August 14th. The oil and gas company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The company had revenue of $38.49 million for the quarter, compared to the consensus estimate of $36.79 million. Natural Gas Services Group had a return on equity of 5.53% and a net margin of 9.25%. During the same period in the previous year, the business earned $0.10 earnings per share. Sell-side analysts predict that Natural Gas Services Group, Inc. will post 1.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NGS shares. Raymond James assumed coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price target on the stock. StockNews.com downgraded shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday.

Institutional Investors Weigh In On Natural Gas Services Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its position in shares of Natural Gas Services Group by 32.4% during the 1st quarter. Russell Investments Group Ltd. now owns 172,221 shares of the oil and gas company’s stock valued at $3,346,000 after acquiring an additional 42,099 shares during the last quarter. Ancora Advisors LLC increased its holdings in Natural Gas Services Group by 163.7% in the first quarter. Ancora Advisors LLC now owns 83,830 shares of the oil and gas company’s stock valued at $1,629,000 after purchasing an additional 52,040 shares during the last quarter. ClariVest Asset Management LLC acquired a new position in Natural Gas Services Group in the second quarter valued at about $693,000. Bank of New York Mellon Corp bought a new position in Natural Gas Services Group during the second quarter worth about $788,000. Finally, Vanguard Group Inc. grew its position in shares of Natural Gas Services Group by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock worth $9,543,000 after buying an additional 6,129 shares during the period. 65.62% of the stock is owned by institutional investors and hedge funds.

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.