Alert: Positive Investment/Fundamental Signals (4/5/24)-Natural Gas Services Group Inc. (NYSE: NGS)

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Recent extremely meaningful positive changes in investment behavior have benefitted Natural Gas Services Group Inc. (NYSE: NGS): the stock rose on very heavy volume, and positive upside/downside volume developed.

Natural Gas Services Group Inc. (NYSE: NGS) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

NGS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Natural Gas Services Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Natural Gas Services Group has a slightly negative Appreciation Score of 30 but a very high Power Rating of 100, with the Positive Value Trend Rating the result.

Recent Price Action

On 4/5/24, Natural Gas Services Group Inc. (NYSE: NGS) stock rose slightly by 0.3%, closing at $23.62. Moreover, exceptionally high trading volume at 219% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 19.5% during the last week.

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