Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $87,805.42 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock in a transaction on Monday, November 18th. The shares were sold at an average price of $25.51, for a total value of $87,805.42. Following the completion of the transaction, the director now owns 524,903 shares of the company’s stock, valued at approximately $13,390,275.53. This trade represents a 0.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The shares were sold at an average price of $25.01, for a total value of $251,150.42.
• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total transaction of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total transaction 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 transaction 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 value of $103,836.60.

Natural Gas Services Group Stock Performance

NYSE NGS traded up $0.07 on Monday, reaching $25.02. The stock had a trading volume of 134,915 shares, compared to its average volume of 65,719. The business’s 50-day moving average price is $20.45 and its 200 day moving average price is $20.58. Natural Gas Services Group, Inc. has a 12-month low of $12.75 and a 12-month high of $25.60. The stock has a market cap of $311.92 million, a P/E ratio of 19.55 and a beta of 1.03. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.66 and a current ratio of 2.34.

Institutional Investors Weigh In On Natural Gas Services Group

Several hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. increased its position in Natural Gas Services Group by 32.4% in 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 period. Vanguard Group Inc. lifted its holdings in shares of Natural Gas Services Group by 1.3% during the first quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock worth $9,543,000 after purchasing an additional 6,129 shares during the period. Perritt Capital Management Inc. grew its position in Natural Gas Services Group by 51.0% in the 1st quarter. Perritt Capital Management Inc. now owns 15,100 shares of the oil and gas company’s stock valued at $293,000 after buying an additional 5,100 shares during the last quarter. Ancora Advisors LLC increased its stake in Natural Gas Services Group by 163.7% in the 1st quarter. Ancora Advisors LLC now owns 83,830 shares of the oil and gas company’s stock valued at $1,629,000 after buying an additional 52,040 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in Natural Gas Services Group by 80.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 91,427 shares of the oil and gas company’s stock worth $1,840,000 after buying an additional 40,672 shares during the last quarter. Institutional investors and hedge funds own 65.62% of the company’s stock.

Analyst Ratings Changes

NGS has been the subject of several recent analyst reports. Raymond James assumed coverage on Natural Gas Services Group in a research note on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 target price for the company. StockNews.com cut shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th.

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.