Alert: Major Price Advance (4/2/24)-Natural Gas Services Group Inc. (NYSE: NGS).


On 4/2/24, Natural Gas Services Group Inc. (NYSE: NGS) stock enjoyed a major increase of 12.4%, closing at $22.77. Moreover, exceptionally high trading volume at 471% of normal accompanied the advance. The stock has risen 22.5% during the last week and has been exceptionally strong relative to the market over the last nine months.


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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Natural Gas Services Group has a poor Appreciation Score of 29 but a very high Power Rating of 99, leading to 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.

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