Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor Sells 600 Shares

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

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 shares were sold at an average price of $28.00, for a total value 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 transaction 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 value 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 transaction 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 Price Performance

Shares of NYSE:NGS opened at $27.53 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The stock has a market capitalization of $343.30 million, a P/E ratio of 21.61 and a beta of 1.03. The business has a 50-day moving average of $21.49 and a two-hundred day moving average of $20.77. Natural Gas Services Group, Inc. has a fifty-two week low of $12.75 and a fifty-two week high of $28.50.

Institutional Investors Weigh In On Natural Gas Services Group

Large investors have recently added to or reduced their stakes in the stock. Ancora Advisors LLC raised its position in shares of Natural Gas Services Group by 163.7% in the first quarter. Ancora Advisors LLC now owns 83,830 shares of the oil and gas company’s stock valued at $1,629,000 after purchasing an additional 52,040 shares during the period. Assenagon Asset Management S.A. increased its position in Natural Gas Services Group by 80.1% in 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 period. Bank of New York Mellon Corp acquired a new position in Natural Gas Services Group during the 2nd quarter valued at $788,000. Marshall Wace LLP grew its position in Natural Gas Services Group by 100.7% in the 2nd quarter. Marshall Wace LLP now owns 77,220 shares of the oil and gas company’s stock worth $1,554,000 after purchasing an additional 38,751 shares during the last quarter. Finally, ClariVest Asset Management LLC acquired a new position in shares of Natural Gas Services Group during the second quarter valued at about $693,000. Institutional investors own 65.62% of the company’s stock.

Analysts Set New Price Targets

NGS has been the subject of a number of recent analyst reports. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Raymond James started coverage on shares of Natural Gas Services Group in a research report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price on the stock.

Natural Gas Services Group Company Profile

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.