Natural Gas Services Group Inc. (NYSE: NGS) stock closed at $22.90 on 11/6/24 after a major increase of 12.8%. Moreover, unusually high trading volume at 199% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 18.0% 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Natural Gas Services Group has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 66, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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