Monthly Drifts in Natural Gas Services Group, Inc (NGS) Stock: A Closer Look

Natural Gas Services Group, Inc [NGS] stock prices are down -1.90% to $26.80 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NGS shares have gain 8.46% over the last week, with a monthly amount drifted -3.46%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Natural Gas Services Group, Inc [NYSE: NGS] stock has seen the most recent analyst activity on August 07, 2024, when Raymond James initiated its Strong Buy rating and assigned the stock a price target of $27. Previously, Stifel started tracking the stock with Buy rating on December 20, 2023, and set its price target to $18. On August 07, 2019, Maxim Group reiterated its Buy rating and revised its price target to $18 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $24 on January 25, 2019. Imperial Capital initiated its recommendation with a Outperform and recommended $27 as its price target on August 23, 2017. Seaport Global Securities upgraded its rating to Buy for this stock on December 01, 2016, and upped its price target to $32. In a note dated August 05, 2016, Lake Street reiterated an Buy rating on this stock and boosted its target price from $25 to $32.

The stock price of Natural Gas Services Group, Inc [NGS] has been fluctuating between $13.70 and $28.50 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Natural Gas Services Group, Inc [NYSE: NGS] shares were valued at $26.80 at the most recent close of the market. An investor can expect a potential return of 4.48% based on the average NGS price forecast.

Analyzing the NGS fundamentals

The Natural Gas Services Group, Inc [NYSE:NGS] reported sales of 152.31M for trailing twelve months, representing a surge of 29.70%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.16 points at the first support level, and at 25.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.69, and for the 2nd resistance point, it is at 28.59.

Ratios To Look Out For

It’s worth pointing out that Natural Gas Services Group, Inc [NYSE:NGS]’s Current Ratio is 1.76. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.20, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 20.82.

Transactions by insiders

Recent insider trading involved BRADSHAW DAVID L, Director, that happened on Dec 27 ’24 when 15000.0 shares were purchased. Director, Taylor Stephen Charles completed a deal on Dec 12 ’24 to sell 10000.0 shares. Meanwhile, Director Taylor Stephen Charles bought 10000.0 shares on Dec 12 ’24.

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