NCS Multistage Holdings, Inc. Soars 26 percent But Its A Story Of Risk Vs Reward
| NCSM Stock | USD 25.67 2.47 10.65% |
About 56% of all NCS Multistage's investors are looking to take a long position. The analysis of overall sentiment of trading NCS Multistage Holdings stock suggests that some investors are interested at this time. NCS Multistage's investing sentiment overview a quick insight into current market opportunities from investing in NCS Multistage Holdings. Many technical investors use NCS Multistage Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NCS |
The NCS Multistage Holdings, Inc. share price has done very well over the last month, posting an...
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NCS Multistage Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards NCS Multistage can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NCS Multistage Fundamental Analysis
We analyze NCS Multistage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NCS Multistage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NCS Multistage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
NCS Multistage is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
NCS Multistage Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NCS Multistage stock to make a market-neutral strategy. Peer analysis of NCS Multistage could also be used in its relative valuation, which is a method of valuing NCS Multistage by comparing valuation metrics with similar companies.
Peers
NCS Multistage Related Equities
| NSFDF | NXT Energy | 23.08 | ||||
| BRYFF | Bri Chem | 5.56 | ||||
| AROC | Archrock | 2.09 | ||||
| EFXT | Enerflex | 0.88 | ||||
| MRC | MRC Global | 0.64 | ||||
| NINE | Nine Energy | 0.60 | ||||
| PFIE | Profire Ene | 0.40 | ||||
| NR | Newpark Resources | 0.36 | ||||
| DNOW | Now | 0.33 | ||||
| RNGR | Ranger Energy | 0.12 | ||||
| MCCRF | Mccoy Global | 0.96 | ||||
| VTOL | Bristow | 1.08 | ||||
| FET | Forum Energy | 1.09 | ||||
| NGS | Natural Gas | 1.15 | ||||
| NESR | National Energy | 3.07 |
Check out NCS Multistage Hype Analysis, NCS Multistage Correlation and NCS Multistage Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCS Multistage. If investors know NCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Earnings Share 17.27 | Revenue Per Share 60.575 | Quarterly Revenue Growth 0.15 | Return On Assets (0.0007) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.