(NGS) Natural Gas - Ratings and Ratios

Natural Gas Services Group Inc (NYSE:NGS) is a leading provider of natural gas compression equipment, technology, and services to the energy industry in the United States, catering to the needs of oil and gas production and processing facilities. The companys comprehensive offerings include renting, operating, and maintaining natural gas compressors, as well as designing and assembling compressor units for rental purposes. Additionally, NGS designs, assembles, and sells compressor components, proprietary compressor frames, cylinders, and parts, ensuring a robust aftermarket support through its exchange and rebuild program for small horsepower screw compressors.

With a strong foundation established in 1998, NGS has positioned itself as a key player in the Oil & Gas Equipment & Services sub-industry, leveraging its expertise to drive growth and expansion. The companys commitment to delivering high-quality products and services has earned it a reputation as a reliable partner for energy industry stakeholders. Headquartered in Midland, Texas, NGS is strategically located to serve the major oil and gas producing regions in the United States.

Analyzing the , we observe that NGSs stock price has been trending upwards, with a current price of $21.59, above its 20-day SMA of $19.13 and 50-day SMA of $20.48. However, it remains below its 200-day SMA of $22.56, indicating a potential resistance level. The ATR of 1.32 (6.13% of the current price) suggests moderate volatility. Considering the , NGSs market capitalization stands at $270.17M, with a P/E ratio of 15.76 and a forward P/E of 11.88, indicating a relatively stable valuation. The RoE of 6.94% is modest, but the companys niche position in the energy industry and its comprehensive product offerings provide a solid foundation for future growth.

Based on the and , our forecast suggests that NGS is poised for a potential rebound, driven by the recovering energy industry and the companys strong market position. As the stock price breaks above its 200-day SMA, we expect it to target the 52-week high of $29.35. However, the moderate volatility indicated by the ATR suggests that investors should be prepared for potential price swings. With a stable valuation and a relatively low P/E ratio compared to its peers, NGS presents an attractive opportunity for investors seeking exposure to the Oil & Gas Equipment & Services sector.