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Natural Gas Services Soars 54.92% on Board Appointment
Generated by AI AgentAinvest Movers Radar
Friday, Apr 4, 2025 7:28 am ET1min read
On April 4, 2025,
experienced a significant surge, with its stock rising by 54.92% in pre-market trading.Natural Gas Services Group, Inc. (NGS) has recently appointed Anthony Gallegos to its Board of Directors, effective April 1, 2025. Gallegos' appointment aims to enhance the company's growth and innovation, bringing valuable expertise in the oilfield services industry. Stephen Taylor, Chairman of the Board at
, welcomed Gallegos, highlighting his diverse experience and the positive impact he is expected to have on the company.Institutional investors have shown interest in NGS, with several making significant adjustments to their holdings.
Inc. purchased a new stake in NGS, acquiring 37,351 shares valued at approximately $1,001,000. Other notable investors, including Charles Schwab Investment Management Inc., BNP Paribas Financial Markets, MetLife Investment Management LLC, State Street Corp, and Barclays PLC, have also increased their positions in NGS, reflecting a growing institutional confidence in the company.
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