NCS Multistage (NCSM) Surges 5.2%: Is This an Indication of Further Gains?

NCS Multistage (NCSM) shares soared 5.2% in the last trading session to close at $44.82. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.2% loss over the past four weeks.NCS Multistage’s shares rallied on the last trading day. The bullishness could be attributed to the company’s acquisition of ResMetrics, a leader in chemical tracer diagnostics. The move strengthens NCS’s position in well performance optimization and expands it ...