NCS Multistage (NASDAQ:NCSM) Announces Quarterly Earnings Results

NCS Multistage (NASDAQ:NCSM - Get Free Report) released its earnings results on Monday. The company reported $2.27 EPS for the quarter, beating the consensus estimate of $0.83 by $1.44, Zacks reports. NCS Multistage had a return on equity of 2.60% and a net margin of 27.99%. The firm had revenue of $45.00 million during the quarter, compared to analyst estimates of $40.60 million.

NCS Multistage Trading Down 0.5 %

Shares of NCSM stock traded down $0.13 during trading hours on Friday, hitting $27.87. 7,857 shares of the company were exchanged, compared to its average volume of 6,138. The firm has a fifty day moving average of $28.40 and a 200 day moving average of $24.05. The company has a quick ratio of 2.63, a current ratio of 4.50 and a debt-to-equity ratio of 0.06. NCS Multistage has a 1 year low of $15.20 and a 1 year high of $31.82. The firm has a market cap of $69.76 million, a PE ratio of 1.64 and a beta of 1.05.

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.