Natural Gas Services Group Inc. (NYSE:NGS) shares reached a new 52-week high on Wednesday . The company traded as high as $25.98 and last traded at $25.98, with a volume of 17,974 shares changing hands. The stock had previously closed at $25.25.

A number of research firms have weighed in on NGS. Zacks Investment Research lowered shares of Natural Gas Services Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Sidoti began coverage on shares of Natural Gas Services Group in a research note on Wednesday, June 8th. They issued a “buy” rating and a $30.00 price objective on the stock. TheStreet raised shares of Natural Gas Services Group from a “hold” rating to a “buy” rating in a research note on Friday, April 22nd. Finally, Wunderlich raised their price objective on shares of Natural Gas Services Group from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, April 4th.

The company’s 50 day moving average is $23.54 and its 200 day moving average is $21.09. The stock has a market capitalization of $323.40 million and a P/E ratio of 35.86.

Natural Gas Services Group (NYSE:NGS) last issued its earnings results on Wednesday, May 4th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm earned $21.60 million during the quarter, compared to analysts’ expectations of $20.05 million. The firm’s quarterly revenue was down 12.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.29 earnings per share. Analysts expect that Natural Gas Services Group Inc. will post $0.58 EPS for the current year.

In related news, Director David L. Bradshaw sold 2,500 shares of Natural Gas Services Group stock in a transaction on Thursday, June 23rd. The shares were sold at an average price of $24.35, for a total value of $60,875.00. Following the transaction, the director now directly owns 16,548 shares of the company’s stock, valued at $402,943.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP James R. Hazlett sold 3,500 shares of Natural Gas Services Group stock in a transaction on Thursday, June 23rd. The stock was sold at an average price of $23.92, for a total transaction of $83,720.00. Following the completion of the transaction, the vice president now directly owns 64,223 shares in the company, valued at $1,536,214.16. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Natural Gas Services Group stock. Dimensional Fund Advisors LP increased its position in shares of Natural Gas Services Group Inc. (NYSE:NGS) by 3.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 996,460 shares of the company’s stock after buying an additional 37,504 shares during the period. Dimensional Fund Advisors LP owned about 7.82% of Natural Gas Services Group worth $22,221,000 as of its most recent filing with the SEC.

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

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