Natural Gas Services Group Inc (NGS) Files Form 4 Insider Selling : David L Bradshaw Sells 2,500 Shares

Natural Gas Services Group Inc (NGS): David L Bradshaw , director of Natural Gas Services Group Inc sold 2,500 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $24.35 per share for a total value of $60,875.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 24, 2016, Stephen Charles Taylor (President and CEO) sold 15,000 shares at $21.33 per share price.On Dec 22, 2015, G Larry Lawrence (Chief Financial Officer) sold 8,000 shares at $20.34 per share price.Also, On Dec 21, 2015, James R Hazlett (Vice President-Technical Svcs.) sold 4,500 shares at $20.40 per share price.

Shares of Natural Gas Services Group (NGS) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.76 points or -3.15% at $23.37 with 65,308 shares getting traded. Post opening the session at $23.3, the shares hit an intraday low of $23.14 and an intraday high of $23.73 and the price vacillated in this range throughout the day. The company has a market cap of $301 M and the number of outstanding shares has been calculated to be 1,28,64,226 shares. The 52-week high of Natural Gas Services Group is $25.535 and the 52-week low is $15.96.

Natural Gas Services Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.Natural Gas Services Group is Resumed by Sidoti to Buy and the brokerage firm has set the Price Target at $30. The Rating was issued on Jun 8, 2016.Natural Gas Services Group is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 27 from a previous price target of $25 .The Rating was issued on Apr 4, 2016.

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). The Company manufactures fabricates and rents natural gases compressors that enhance the production of natural gas wells and provide maintenance services for those compressors. In addition it sells custom fabricated natural gas compressors to meet customer specifications dictated by well pressures production characteristics and particular applications. It also manufactures and sells flare systems for oil and gas plant and production facilities. The Company has four operating units: Gas Compressor Rental Engineered Equipment Sales Service and Maintenance and Corporate.

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