Empowered Funds LLC Purchases 938 Shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM)

Empowered Funds LLC increased its position in NCS Multistage Holdings, Inc. (NASDAQ:NCSM) by 5.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,142 shares of the company’s stock after buying an additional 938 shares during the period. Empowered Funds LLC owned 0.77% of NCS Multistage worth $383,000 at the end of the most recent quarter.

Separately, Summit Securities Group LLC bought a new stake in NCS Multistage in the 2nd quarter worth approximately $34,000. 70.91% of the stock is owned by institutional investors.

NCS Multistage Stock Down 0.3 %

Shares of NCSM opened at $22.95 on Tuesday. The business’s 50 day simple moving average is $20.10 and its 200-day simple moving average is $18.84. NCS Multistage Holdings, Inc. has a 1 year low of $12.16 and a 1 year high of $24.95. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.50 and a quick ratio of 2.63. The stock has a market capitalization of $57.38 million, a price-to-earnings ratio of 1.35 and a beta of 1.20.

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.