Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $17,100.00 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $28.50, for a total value of $17,100.00. Following the completion of the transaction, the director now owns 467,787 shares of the company’s stock, valued at $13,331,929.50. The trade was a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, November 22nd, Stephen Charles Taylor sold 10,000 shares of Natural Gas Services Group stock. The stock was sold at an average price of $28.00, for a total transaction of $280,000.00.
• On Wednesday, November 20th, Stephen Charles Taylor sold 1,521 shares of Natural Gas Services Group stock. The shares were sold at an average price of $26.00, for a total value of $39,546.00.
• On Monday, November 18th, Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.51, for a total transaction of $87,805.42.
• 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 value of $75,852.00.

Natural Gas Services Group Trading Up 0.8 %

NYSE:NGS traded up $0.21 during midday trading on Tuesday, hitting $27.66. The stock had a trading volume of 67,819 shares, compared to its average volume of 67,268. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. The stock has a 50-day moving average of $21.34 and a 200 day moving average of $20.73. The company has a market capitalization of $345.03 million, a price-to-earnings ratio of 21.61 and a beta of 1.03. Natural Gas Services Group, Inc. has a one year low of $12.75 and a one year high of $28.50.

Institutional Trading of Natural Gas Services Group

Institutional investors and hedge funds have recently made changes to their positions in the company. MetLife Investment Management LLC raised its position in shares of Natural Gas Services Group by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after acquiring an additional 3,564 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Natural Gas Services Group by 54.7% in the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after purchasing an additional 3,056 shares during the last quarter. Acadian Asset Management LLC bought a new position in Natural Gas Services Group in the second quarter worth about $208,000. Rhumbline Advisers lifted its position in shares of Natural Gas Services Group by 2,513.0% during the second quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock valued at $243,000 after buying an additional 11,610 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Natural Gas Services Group in the 3rd quarter valued at about $261,000. 65.62% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NGS. StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Raymond James initiated coverage on shares of Natural Gas Services Group in a research note on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 price target on the stock.

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.