On 8/15/24, Natural Gas Services Group Inc. (NYSE: NGS) stock enjoyed a major increase of 11.0%, closing at $20.97. Moreover, exceptionally high trading volume at 286% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 11.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, NGS is expected to be Value Creation neutral.
Natural Gas Services Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Natural Gas Services Group has a neutral Appreciation Score of 43 but a very high Power Rating of 95, producing the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment