On 11/15/23, Natural Gas Services Group Inc. (NYSE: NGS) stock enjoyed a major increase of 12.7%, closing at $15.68. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.6% 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 continue to be Value Creation neutral.
Natural Gas Services Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Natural Gas Services Group has a slightly negative Appreciation Score of 35 but a very high Power Rating of 97, and the Positive Value Trend Rating results.
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.
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