Insider Selling: NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Director Sells 357 Shares of Stock

NCS Multistage Holdings, Inc. (NASDAQ:NCSM - Get Free Report) Director Valerie A. Mitchell sold 357 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $29.02, for a total transaction of $10,360.14. Following the sale, the director now directly owns 27,255 shares of the company's stock, valued at approximately $790,940.10. This represents a 1.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NCS Multistage Trading Down 1.0 %

Shares of NCSM stock traded down $0.28 during trading hours on Thursday, reaching $28.00. 6,083 shares of the stock traded hands, compared to its average volume of 6,171. NCS Multistage Holdings, Inc. has a 1-year low of $14.75 and a 1-year high of $31.90. The business has a fifty day moving average price of $28.42 and a 200 day moving average price of $24.02. The company has a quick ratio of 2.63, a current ratio of 4.50 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $70.08 million, a PE ratio of 1.65 and a beta of 1.05.

Institutional Investors Weigh In On NCS Multistage

A number of large investors have recently made changes to their positions in NCSM. Captrust Financial Advisors acquired a new position in shares of NCS Multistage during the 3rd quarter worth $310,000. Renaissance Technologies LLC acquired a new position in shares of NCS Multistage in the 4th quarter valued at $261,000. Geode Capital Management LLC acquired a new position in shares of NCS Multistage in the 4th quarter valued at $247,000. Tocqueville Asset Management L.P. raised its stake in shares of NCS Multistage by 3.1% in the 4th quarter. Tocqueville Asset Management L.P. now owns 142,702 shares of the company's stock valued at $3,705,000 after buying an additional 4,345 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of NCS Multistage by 14.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 13,679 shares of the company's stock worth $355,000 after purchasing an additional 1,689 shares in the last quarter. Institutional investors and hedge funds own 70.91% of the company's stock.

NCS Multistage Company Profile

NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves.

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