Tocqueville Asset Management L.P. Grows Stock Position in NCS Multistage Holdings, Inc. (NASDAQ:NCSM)

Tocqueville Asset Management L.P. raised its holdings in shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) by 3.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 142,702 shares of the company’s stock after purchasing an additional 4,345 shares during the period. Tocqueville Asset Management L.P. owned 0.06% of NCS Multistage worth $3,705,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC increased its stake in shares of NCS Multistage by 4.7% during the 4th quarter. Empowered Funds LLC now owns 20,034 shares of the company’s stock worth $520,000 after purchasing an additional 892 shares in the last quarter. Captrust Financial Advisors purchased a new stake in NCS Multistage in the 3rd quarter valued at approximately $310,000. Finally, PNC Financial Services Group Inc. grew its holdings in NCS Multistage by 56.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,735 shares of the company’s stock valued at $71,000 after buying an additional 982 shares during the last quarter. Institutional investors and hedge funds own 70.91% of the company’s stock.

NCS Multistage Stock Performance

NASDAQ NCSM opened at $35.15 on Wednesday. The company has a quick ratio of 2.63, a current ratio of 4.50 and a debt-to-equity ratio of 0.06. NCS Multistage Holdings, Inc. has a fifty-two week low of $15.25 and a fifty-two week high of $36.19. The business has a fifty day moving average of $28.58 and a 200-day moving average of $24.33. The stock has a market cap of $89.32 million, a price-to-earnings ratio of 2.07 and a beta of 1.05.

About NCS Multistage

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.