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

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 600 shares of the business’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 directly owns 467,787 shares in the company, valued at $13,331,929.50. The trade was a 0.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 value of $280,000.00.
• On Wednesday, November 20th, Stephen Charles Taylor sold 1,521 shares of Natural Gas Services Group stock. The stock was 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 value of $87,805.42.
• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The stock was 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 stock was sold at an average price of $24.50, for a total value of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total value of $75,852.00.

Natural Gas Services Group Stock Performance

Shares of Natural Gas Services Group stock opened at $27.66 on Wednesday. The firm has a fifty day moving average of $21.34 and a two-hundred day moving average of $20.73. The stock has a market capitalization of $344.92 million, a price-to-earnings ratio of 21.61 and a beta of 1.03. Natural Gas Services Group, Inc. has a 52 week low of $12.75 and a 52 week high of $28.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76.

Institutional Trading of Natural Gas Services Group

Several institutional investors and hedge funds have recently made changes to their positions in NGS. Vanguard Group Inc. raised its position in shares of Natural Gas Services Group by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock valued at $9,543,000 after acquiring an additional 6,129 shares during the last quarter. Ancora Advisors LLC raised its position in shares of Natural Gas Services Group by 163.7% during 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 acquiring an additional 52,040 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of 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 valued at $1,840,000 after acquiring an additional 40,672 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Natural Gas Services Group in the 2nd quarter valued at $788,000. Finally, Rhumbline Advisers increased its position in shares of Natural Gas Services Group by 2,513.0% in the 2nd 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 in the last quarter. Institutional investors own 65.62% of the company’s stock.

Analyst Ratings Changes

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

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.