NCSM Stock Summary and Trading Ideas (NCS Multistage Holdings | NASDAQ:NCSM)

NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services to exploration and production 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 primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.

NCS Multistage Holdings trades on the NASDAQ stock market under the symbol NCSM.

As of April 19, 2024, NCSM stock price declined to $16.30 with 338 million shares trading.

NCSM has a market cap of $40.52 million. This is considered a Sub-Micro Cap stock.

Last quarter NCS Multistage Holdings reported $35 million in Revenue and -$.36 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$1.54.

In the last 3 years, NCSM stock traded as high as $62.53 and as low as $12.02.

The top ETF exchange traded funds that NCSM belongs to (by Net Assets): BSVO, VXF, VTI, DFAC, DFAS.

NCSM stock has underperformed the market in the last year with a return of -27.6%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NCSM shares. However, NCSM has outperformed the market in the last 3 month and 2 week periods, returning +10.3% and +0.6%, while SPY returned +3.0% and -4.5%, respectively. This indicates NCSM has been having a stronger performance recently.

NCSM support price is $15.96 and resistance is $16.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NCSM stock will trade within this expected range on the day.