Bullish Case: NGS growth potential is fortified by surges in the NGS data storage market [Yahoo][Yahoo] and its impressive price recovery over varying periods [Helium][Helium][Helium][Helium][Helium]. Despite flat recent price action [Helium], its low price to book ratio [Helium] signals undervaluation.


Bearish Case: The absence of a positive historical correlation between forecast and realized price [Helium] combined with modest option trading volume [Helium], suggests investor caution, creating headwinds for near-term NGS price appreciation.


Potential Outcomes:

1. Market adapts to APAC/Europe NGS demand, growth continues, 35%.

2. Price to book ratio reverts closer to market average, catalyzing re-rating, 25%.

3. Illiquidity curbs trading, flat prices persist, 40%.


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April 04, 2024


Natural Gas Services Group Forecast

NGS        Natural Gas Services Group
Price Forecast: BULLISH    Price Action: TRENDING (?)











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