NCS Multistage (NCSM) Given News Sentiment Rating of 0.22
Media coverage about NCS Multistage (NASDAQ:NCSM) has trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NCS Multistage earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.4976034257919 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Zacks Investment Research Downgrades NCS Multistage (NCSM) to Sell (americanbankingnews.com)
- NCS Multistage Holdings (NCSM) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
- NCS Multistage (NCSM) Raised to “Hold” at BidaskClub (americanbankingnews.com)
- NCS Multistage Holdings (NCSM) Expected to Post Quarterly Sales of $69.74 Million (americanbankingnews.com)
- Report: Exploring Fundamental Drivers Behind Athene Holding, Aercap Holdings N.V, Amdocs, Signet Jewelers, Canadian Imperial Bank of Commerce, and NCS Multistage — New Horizons, Emerging Trends, and Upcoming Developments (finance.yahoo.com)
NCSM stock opened at $17.89 on Tuesday. The company has a market cap of $795.33 and a PE ratio of 89.45. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.67 and a current ratio of 3.72. NCS Multistage has a one year low of $13.85 and a one year high of $29.07.
NCSM has been the topic of several recent research reports. Royal Bank of Canada set a $17.00 target price on NCS Multistage and gave the stock a “buy” rating in a report on Thursday, December 21st. ValuEngine cut NCS Multistage from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Piper Jaffray set a $20.00 target price on NCS Multistage and gave the stock a “buy” rating in a report on Thursday, December 21st. Raymond James Financial restated an “outperform” rating and set a $30.00 target price (up from $23.00) on shares of NCS Multistage in a report on Thursday, January 18th. Finally, Zacks Investment Research upgraded NCS Multistage from a “sell” rating to a “hold” rating in a report on Friday, March 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $24.25.
In other news, COO Tim Willems sold 21,235 shares of NCS Multistage stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $15.77, for a total transaction of $334,875.95. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Marty Stromquist sold 110,478 shares of NCS Multistage stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $16.28, for a total transaction of $1,798,581.84. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 133,153 shares of company stock worth $2,158,903.
NCS Multistage Company Profile
NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States and internationally. The company's products include casing-installed sliding sleeves, downhole frac isolation assemblies, sand jet perforating products, spotfrac systems, ballshift sliding sleeves, airlock casing buoyancy systems, liner hanger systems, and spectrum tracer services.
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