NCS Multistage (NASDAQ:NCSM) Posts Quarterly Earnings Results

NCS Multistage (NASDAQ:NCSM) posted its earnings results on Wednesday. The company reported $0.99 EPS for the quarter, Zacks reports. The firm had revenue of $43.86 million for the quarter. NCS Multistage had a negative net margin of 2.21% and a negative return on equity of 1.32%. During the same period in the previous year, the company earned $0.50 earnings per share.

NCS Multistage Stock Performance

Shares of NASDAQ NCSM traded up $1.39 during trading hours on Thursday, hitting $17.79. 17,737 shares of the stock were exchanged, compared to its average volume of 3,250. NCS Multistage has a one year low of $12.02 and a one year high of $21.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.22 and a quick ratio of 1.92. The firm has a market capitalization of $44.30 million, a P/E ratio of -11.61 and a beta of 1.44. The company’s 50 day moving average is $15.93 and its 200 day moving average is $15.29.

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.