It Seems NCS Multistage Holdings, Inc. (NCSM) Will Go Down. Just Reaches Yearly Low

June 11, 2018 - By Marguerite Chambers

The stock of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) hit a new 52-week low and has $12.65 target or 5.00 % below today’s $13.32 share price. The 5 months bearish chart indicates high risk for the $598.18 million company. The 1-year low was reported on Jun, 11 by Barchart.com. If the $12.65 price target is reached, the company will be worth $29.91 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 2.70% or $0.37 during the last trading session, reaching $13.32. About 80,806 shares traded. NCS Multistage Holdings, Inc. (NASDAQ:NCSM) has declined 39.53% since June 11, 2017 and is downtrending. It has underperformed by 52.10% the S&P500.

Analysts await NCS Multistage Holdings, Inc. (NASDAQ:NCSM) to report earnings on August, 14. They expect $-0.05 earnings per share, up 44.44 % or $0.04 from last year’s $-0.09 per share. After $0.21 actual earnings per share reported by NCS Multistage Holdings, Inc. for the previous quarter, Wall Street now forecasts -123.81 % negative EPS growth.

More news for NCS Multistage Holdings, Inc. (NASDAQ:NCSM) were recently published by: Seekingalpha.com, which released: “NCS Multistage Holdings (NCSM) CEO Robert Nipper on Q1 2018 Results – Earnings Call Transcript” on May 14, 2018. Nasdaq.com‘s article titled: “Detailed Research: Economic Perspectives on Central European Media Enterprises, Valeant Pharmaceuticals …” and published on June 05, 2018 is yet another important article.

NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States and internationally. The company has market cap of $598.18 million. The company's products include casing-installed sliding sleeves, downhole frac isolation assemblies, airlock casing buoyancy systems, liner hanger systems, sand jet perforating products, spotfrac systems, and ballshift sliding sleeves. It has a 277.5 P/E ratio. It also provides advisory services to clients on completion creates and field development strategies.

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Ratings Chart

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