New insider activity at Natural Gas Services Group ( (NGS) ) has taken place on May 17, 2025.
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Director Stephen Charles Taylor has recently sold 25,000 shares of Natural Gas Services Group stock, amounting to a significant transaction worth $622,500.
Recent Updates on NGS stock
In the last 24 hours, Natural Gas Services Group (NGS) has seen positive developments following its Q1 earnings report, which highlighted record rental revenue and strong financial performance. The company reported a 15% year-over-year increase in rental revenue and a 12% increase in total revenue, driven by effective revenue generation strategies and robust market demand. The strong financial results led Stifel to raise its price target for NGS, citing the company’s ability to convert non-cash assets into cash, its attractive growth position, and potential for mergers and acquisitions. Despite market volatility and increased SG&A expenses, the company maintains a strong balance sheet and expanded its credit facility, providing financial flexibility for future growth. The positive outlook is further supported by strategic initiatives in fleet expansion and customer diversification.
Spark’s Take on NGS Stock
According to Spark, TipRanks’ AI Analyst, NGS is a Outperform.
Natural Gas Services Group shows strong financial performance with robust revenue growth and profitability. Technical indicators suggest upward momentum, although caution is advised due to overbought signals. The stock is fairly valued, albeit without a dividend. Positive earnings call and corporate events further bolster the company’s outlook. Overall, NGS is well-positioned for continued success in the oil and gas equipment and services sector.
To see Spark’s full report on NGS stock, click here.
More about Natural Gas Services Group
YTD Price Performance: -9.69%
Average Trading Volume: 78,813
Technical Sentiment Signal: Strong Buy
Current Market Cap: $314.6M