Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Natural Gas Services Group, Inc shares valued at $558,649 were sold by Taylor Stephen Charles on Jan 21 ’25. At $28.80 per share, Taylor Stephen Charles sold 19,400 shares. The insider’s holdings dropped to 438,387 shares worth approximately $8.54 million following the completion of this transaction.
Also, Taylor Stephen Charles purchased 10,000 shares, netting a total of over 290,095 in proceeds.
Before that, BRADSHAW DAVID L had added 15,000 shares to its account. In a trade valued at $387,900, the Director bought Natural Gas Services Group, Inc shares for $25.86 each.
As published in their initiating research note from Raymond James on August 07, 2024, Natural Gas Services Group, Inc [NGS] has been a Strong buy and the price target has been revised to $27. Analysts at Stifel started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of August 07, 2019, Maxim Group has reiterated its “Buy” rating for NGS. Earlier on January 25, 2019, Maxim Group initiated its rating. Their recommendation was “a Buy” for NGS stock.
Analyzing NGS Stock Performance
During the last five days, there has been a surge of approximately 7.03%. Over the course of the year, Natural Gas Services Group, Inc shares have dropped approximately -27.28%. Shares of the company reached a 52-week high of $29.74 on 01/22/25 and a 52-week low of $16.73 on 04/08/25. A 50-day SMA is recorded $22.83, while a 200-day SMA reached $22.65.
Support And Resistance Levels for Natural Gas Services Group, Inc (NGS)
According to the 24-hour chart, there is a support level at 19.23, which, if violated, would cause prices to drop to 18.98. In the upper region, resistance lies at 19.86. The next price resistance is at 20.24. RSI (Relative Strength Index) is 43.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.28, which suggests the price will decrease in the coming days. Percent R is at 54.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
