Favorable News Coverage Somewhat Unlikely to Impact Natural Gas Services Group (NGS) Share Price

Media coverage about Natural Gas Services Group (NYSE:NGS) has been trending positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Natural Gas Services Group earned a news sentiment score of 0.50 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.10677459384 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several analysts have commented on NGS shares. ValuEngine upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Zacks Investment Research upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th.

Shares of Natural Gas Services Group (NGS) opened at $26.00 on Friday. The company has a market cap of $334.44, a price-to-earnings ratio of 144.44 and a beta of 1.28. Natural Gas Services Group has a 1-year low of $22.40 and a 1-year high of $33.40.

Natural Gas Services Group (NYSE:NGS) last released its earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.01). Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The business had revenue of $15.91 million for the quarter, compared to analysts’ expectations of $18.05 million. During the same period in the previous year, the company earned $0.12 EPS. Natural Gas Services Group’s quarterly revenue was down 1.7% compared to the same quarter last year. analysts anticipate that Natural Gas Services Group will post 0.16 earnings per share for the current year.

In related news, CEO Stephen Charles Taylor sold 3,874 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $28.58, for a total value of $110,718.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP James R. Hazlett sold 12,350 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $28.02, for a total transaction of $346,047.00. Following the completion of the sale, the vice president now directly owns 50,375 shares of the company’s stock, valued at approximately $1,411,507.50. The disclosure for this sale can be found here. Insiders sold 38,436 shares of company stock valued at $1,016,202 in the last three months. 6.88% of the stock is currently owned by insiders.

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About Natural Gas Services Group

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.

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

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