Seaport Global disclosed Natural Gas Services Group (NYSE:NGS), hiking its stock price target to $32.00 today
- Updated: December 1, 2016
Just yesterday Natural Gas Services Group (NYSE:NGS) traded 6.15% higher at $29.40. Natural Gas Services Group’s 50-day moving average is $25.22 and its 200-day moving average is $24.11. With the last close up 25.25% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was up over the average, with 84,394 shares of NGS changing hands over the typical 36,194
In a report released on 12/01/2016 Seaport Global increased the stock price target of Natural Gas Services Group (NYSE:NGS) from $26.00 to $32.00 reporting a possible upside of 0.09%.
With a total market value of $0, Natural Gas Services Group has price-earnings ratio of 45.83 with a one year low of $15.96 and a one year high of $30.60 .
A total of 4 analysts have released a report on Natural Gas Services Group. zero analysts rating the company a strong buy, three analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $24.75.
General Company Details For Natural Gas Services Group (NYSE:NGS)
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. The Company manufactures, 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 manufactures and sells flare systems for oil and gas plant and production facilities. The Company's operating units include Gas Compressor Rental, Engineered Equipment Sales, Service and Maintenance, and Corporate. Its rental business is primarily focused on non-conventional gas and oil production.
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