NCSM - Big Downtrend Over?This stock has the potential for some upside movement if you buy at low levels. 80% retracement completed over the last year. Possible gains on a retracement up if it breaks above the EMA34.
NCS Multistage Holdings, Inc. is a provider of engineered products and support services for oil and natural gas well completions and field development strategies. The Company’s products and services include Multistage Unlimited, casing-installed sliding sleeves, downhole frac isolation assembly, AirLock casing buoyancy system and liner hanger systems. The Company provides products and services primarily to exploration and production (E&P) companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The Company’s products and services are utilized in oil and natural gas basins throughout North America and in selected international markets, including Argentina, China and Russia.
SHORT INTEREST
1.26M 06/28/19
P/E Ratio (with extraordinary items)
-0.63
Analyst Price Target: $4.32
Recommendation: Overweight
