NCS Multistage (NCSM) Moves 12.8% Higher: Will This Strength Last?

NCS Multistage (NCSM) shares rallied 12.8% in the last trading session to close at $54.55. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 25% gain over the past four weeks.The surge can be attributed to NCS Multistage Holdings’ strong foothold in key well construction and completion technologies, as well as the broader gain on crude prices, which reached nearly $90 per barrel due to the recent geopolitical d ...