NCS Multistage (NASDAQ:NCSM) Trading Up 1.5%

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) shot up 1.5% during trading on Thursday . The company traded as high as $16.89 and last traded at $16.74. 1,071 shares changed hands during trading, a decline of 67% from the average session volume of 3,210 shares. The stock had previously closed at $16.50.

NCS Multistage Trading Up 1.5 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.80 and a current ratio of 4.84. The company has a market cap of $41.90 million, a P/E ratio of 3.12 and a beta of 1.35. The business has a fifty day simple moving average of $17.35 and a 200 day simple moving average of $16.43.

NCS Multistage (NASDAQ:NCSM) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.99 EPS for the quarter. NCS Multistage had a net margin of 9.73% and a return on equity of 0.19%. The business had revenue of $43.86 million during the quarter. During the same period last year, the firm posted $0.50 earnings per share.

Institutional Trading of NCS Multistage

An institutional investor recently raised its position in NCS Multistage stock. Empowered Funds LLC lifted its stake in NCS Multistage Holdings, Inc. (NASDAQ:NCSM) by 7.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,944 shares of the company’s stock after acquiring an additional 1,225 shares during the period. Empowered Funds LLC owned 0.68% of NCS Multistage worth $271,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 70.91% of the company’s stock.

About NCS Multistage

NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves.