9,529 Shares in NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Bought by Geode Capital Management LLC

Geode Capital Management LLC acquired a new stake in shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,529 shares of the company's stock, valued at approximately $247,000. Geode Capital Management LLC owned 0.38% of NCS Multistage at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Empowered Funds LLC increased its stake in NCS Multistage by 4.7% during the 4th quarter. Empowered Funds LLC now owns 20,034 shares of the company's stock valued at $520,000 after purchasing an additional 892 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in NCS Multistage by 56.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,735 shares of the company's stock worth $71,000 after acquiring an additional 982 shares during the last quarter. Finally, Tocqueville Asset Management L.P. lifted its position in NCS Multistage by 3.1% in the 4th quarter. Tocqueville Asset Management L.P. now owns 142,702 shares of the company's stock valued at $3,705,000 after acquiring an additional 4,345 shares in the last quarter. Institutional investors own 70.91% of the company's stock.

NCS Multistage Stock Down 1.6 %

Shares of NCS Multistage stock traded down $0.51 on Friday, reaching $32.20. The company's stock had a trading volume of 3,178 shares, compared to its average volume of 7,746. NCS Multistage Holdings, Inc. has a 52 week low of $15.90 and a 52 week high of $38.95. The firm's fifty day simple moving average is $30.41 and its two-hundred day simple moving average is $27.32. The company has a quick ratio of 2.63, a current ratio of 4.50 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $81.82 million, a price-to-earnings ratio of 1.89 and a beta of 0.66.

NCS Multistage (NASDAQ:NCSM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $0.79 by $0.72. The company had revenue of $50.01 million during the quarter, compared to the consensus estimate of $44.40 million. NCS Multistage had a return on equity of 2.60% and a net margin of 27.99%.

NCS Multistage 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.