Puzzling Price Reaction : AAR Corp. (AIR), Natural Gas Services Group, Inc. (NGS)

The stocks of AAR Corp. (NYSE:AIR) has been Initiated to Buy by Stifel in its latest research note that was published on July 09. AIR was given a price target of $50, with other Wall Street analysts also giving their reports regarding the stock. The stock also received a Buy to Hold rating from SunTrust. This was contained in a research note published by the firm on September 11. The stock received a Buy rating and a price target of $48 to $52 in Canaccord Genuity’s research note that was published on July 11.

AAR’s stock is covered by 5 analysts, with 4 of them rating the stock as Buy. It has been deemed to have strong buy by none of the analysts, 1 of them have rated it as a Hold while none of them rated it as sell. Meanwhile, none analyst(s) rated it as a sell. The above data shows that AIR has an average analyst rating of Buy.

AAR Corp., which has current market capitalization of above $2 Billion, published its last quarter earnings on August 31, 2019. The company was able to amass $542 Million in revenue, which saw a quarterly growth rate of 16.13 percent. During that quarter of the year, AAR also recorded $0.57 earnings per share (EPS) which is $0.05 above the $0.52 estimated by the analysts, leading to a surprise factor of 9.62%.

AIR surged by $0.07 during the normal trading session on Monday and reaching a high of $44.76 during the day while it closed the day at $43.73. The AAR stock had a low trading volume of 0.10 million shares on that day, which is low compared to the average daily volume of 194.72M shares. AIR has also lost 0.95% of its value over the past 7 days. However, the stock has surged by 1.39% in the 3 months of the year. Over the past six months meanwhile, it has gained 34.02% while it has added 17.11% year-on date.

Shares in Natural Gas Services Group, Inc. (NYSE:NGS) jumped over 0.09 percent on Monday. The company’s stock began trading at $10.85 above the previous closing price of $10.84, and finished the day at $11.02. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -22.39% from its 3 months high price. However, taking another look at NGS will indicate that it is trading +7.09% away from its 90-day low. Looking at the bigger picture, the Natural Gas Services Group, Inc. stock has dropped by -46.53% from its 52-week high while it has surged by +7.83% from its 52-week low price.

On June 04, 2019 BRADSHAW DAVID L, Director sold 3,356 shares of the company. The average price for that transaction was $15.1 per share, which meant that BRADSHAW DAVID L earned $50,675.60 selling the stocks. The sale was made public, with the document of the transaction filed with the SEC. Another insider trading occurred, with VP — Technical Services, Hazlett James R selling 3,100 shares of this stock on April 23, 2019. The average selling price for the stock was $17.78 per share, with the sold stock accruing $55,118.00. Following this transaction, the insider now holds 5,426 shares of the company, which is worth around $242,487.90.

Let us now take a quick look at the stock’s short, medium and long-term indicators. Composite Indicator shows that NGS stock was rated as a Sell by TrendSpotter. Its short-term indicators reveal that Natural has a 20-day average volume of 70335 shares. This has led to the NGS price forecast being placed as a 100% Sell on an average basis. In the medium term, however, the NGS stock has its 50-Day average volume of 89914 shares, with the indicators also rating it as a 100% Sell. Finally, in the long-term, the NGS stocks have a 100-Day average volume of 83470 shares, with the long-term indicators rating the stock as just 100% Sell.

Natural has around 19 Million cash on their books at the moment. This figure will have to be compared and looked into, with their current liabilities standing at $13 Million. The Natural stock is bringing in revenue of over 12 months, which is roughly 75 Million. Despite all that, Natural Gas Services Group, Inc. is seeing things progressing very much as their y-o-y quarterly revenue surged by 26.93%.

Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 12.88%. This figure is worse than the company’s 20-day Raw Stochastic average which currently stands at 20.26%. Over the past 20 days, Natural’s Stochastic %K stood at 17.39% while its Stochastic %D was revealed to be 17.05%.