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Shares of NGS Down 35.6% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Natural Gas Serv (NYSE:NGS) on March 25th, 2019 at $17.02. In approximately 5 months, Natural Gas Serv has returned 35.61% as of today's recent price of $10.96.

Natural Gas Serv share prices have moved between a 52-week high of $23.00 and the current low of $10.85 and are currently at $11.00 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.5%.

Natural Gas Services Group, Inc. provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Natural Gas Serv.

Log in and add Natural Gas Serv (NGS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights natural gas serv

Ticker(s): NGS