Stock Mover of The Day: Natural Gas Services Group, Inc. on Focus After Trading At 52-Week Highs

Stock Mover of The Day: Natural Gas Services Group, Inc. on Focus After Trading At 52 Week Highs

The stock of Natural Gas Services Group, Inc. (NYSE:NGS) hit a new 52-week high and has $81.78 target or 182.00% above today’s $29.00 share price. The 5 months bullish chart indicates low risk for the $395.68M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $81.78 price target is reached, the company will be worth $720.14 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 24,855 shares traded hands. Natural Gas Services Group, Inc. (NYSE:NGS) has risen 24.28% since April 19, 2016 and is uptrending. It has outperformed by 20.42% the S&P500.

Natural Gas Services Group, Inc. (NYSE:NGS) Ratings Coverage

Out of 2 analysts covering Natural Gas Services Group (NYSE:NGS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Natural Gas Services Group has been the topic of 4 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of Natural Gas Services Group, Inc. (NYSE:NGS) earned “Buy” rating by Sidoti on Wednesday, June 8. The stock of Natural Gas Services Group, Inc. (NYSE:NGS) has “Sell” rating given on Monday, August 10 by Zacks. The stock of Natural Gas Services Group, Inc. (NYSE:NGS) earned “Neutral” rating by Sidoti on Friday, March 18. Lake Street maintained Natural Gas Services Group, Inc. (NYSE:NGS) rating on Friday, August 5. Lake Street has “Buy” rating and $32 price target.

According to Zacks Investment Research, “Natural Gas Services Group, Inc. manufactures, fabricates, sells, rents and services natural gas compressors that enhance the production of natural gas wells. The Company also manufactures and sells flare systems and flare ignition systems for plant and production facilities.”

Insitutional Activity: The institutional sentiment increased to 1.47 in 2016 Q2. Its up 0.42, from 1.05 in 2016Q1. The ratio increased, as 6 funds sold all Natural Gas Services Group, Inc. shares owned while 37 reduced positions. 14 funds bought stakes while 31 increased positions. They now own 11.48 million shares or 2.05% less from 11.72 million shares in 2016Q1.
Wells Fargo Mn last reported 0% of its portfolio in the stock. Eagle Glob Advisors Limited Liability last reported 24,672 shares in the company. Wcm Invest Mgmt Ca last reported 0.03% of its portfolio in the stock. Gsa Cap Limited Liability Partnership has 24,900 shares for 0.03% of their US portfolio. Price T Rowe Assocs Inc Md holds 0% of its portfolio in Natural Gas Services Group, Inc. (NYSE:NGS) for 10,530 shares. Punch And Assocs Inv Mgmt holds 0.89% of its portfolio in Natural Gas Services Group, Inc. (NYSE:NGS) for 335,572 shares. Granite Invest Prtn Limited Com, a California-based fund reported 66,536 shares. Blackrock last reported 3,217 shares in the company. Swiss Bank & Trust holds 0% or 21,600 shares in its portfolio. The Washington-based Parametric Portfolio Assoc Ltd Liability Co has invested 0% in Natural Gas Services Group, Inc. (NYSE:NGS). The California-based Blackrock Institutional Trust Company Na has invested 0% in Natural Gas Services Group, Inc. (NYSE:NGS). The California-based California Public Employees Retirement System has invested 0% in Natural Gas Services Group, Inc. (NYSE:NGS). Pacific Ridge Capital Ptnrs Ltd Liability holds 0.97% of its portfolio in Natural Gas Services Group, Inc. (NYSE:NGS) for 93,510 shares. Barclays Public Limited accumulated 0% or 17,013 shares. Invesco accumulated 0% or 19,354 shares.

Insider Transactions: Since November 17, 2016, the stock had 0 insider buys, and 1 sale for $215,920 net activity. Lawrence G Larry sold 8,000 shares worth $215,920.

Another recent and important Natural Gas Services Group, Inc. (NYSE:NGS) news was published by Reuters.com which published an article titled: “BRIEF-Natural Gas Services Group reports Q3 earnings of 12 cents per dilut…” on November 03, 2016.

NGS Company Profile

Natural Gas Services Group, Inc., incorporated on December 17, 1998, is a well-known provider of small to medium horsepower compression equipment to the natural gas industry. The Firm 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. The Firm makes, fabricates and rents natural gases compressors that enhance the production of natural gas wells and provide maintenance services for those compressors. In addition, it sells custom fabricated natural gas compressors to meet customer specifications dictated by well pressures, production characteristics and particular applications. It also makes and sells flare systems for gas and oil plant and production facilities. The Company’s operating units include Gas Compressor Rental, Engineered Equipment Sales, Service and Maintenance, and Corporate.

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