Pampa Energía (NYSE:PAM) Shares Up 4.4%

Pampa Energía S.A. (NYSE:PAM - Get Free Report) shares shot up 4.4% on Friday . The company traded as high as $45.54 and last traded at $45.45. 183,461 shares traded hands during trading, a decline of 17% from the average session volume of 220,841 shares. The stock had previously closed at $43.52.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a research report on Friday, March 22nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Pampa Energía currently has an average rating of "Hold" and an average price target of $36.50.

Pampa Energía Trading Up 7.1 %

The business's 50 day moving average price is $43.24 and its 200-day moving average price is $43.36. The company has a current ratio of 2.56, a quick ratio of 2.16 and a debt-to-equity ratio of 0.51. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 8.52, a PEG ratio of 0.43 and a beta of 0.95.

Pampa Energía (NYSE:PAM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.44) by ($1.46). Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. The company had revenue of $362.00 million for the quarter, compared to the consensus estimate of $395.56 million. On average, equities analysts anticipate that Pampa Energía S.A. will post 7.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC bought a new stake in Pampa Energía during the 4th quarter valued at $41,000. SPX Gestao de Recursos Ltda bought a new position in Pampa Energía during the fourth quarter valued at about $44,000. Tower Research Capital LLC TRC grew its position in Pampa Energía by 295.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,186 shares of the utilities provider's stock valued at $51,000 after buying an additional 886 shares during the period. UBS Group AG grew its position in Pampa Energía by 106.0% during the third quarter. UBS Group AG now owns 3,757 shares of the utilities provider's stock valued at $85,000 after buying an additional 1,933 shares during the period. Finally, Barclays PLC bought a new position in Pampa Energía during the second quarter valued at about $87,000. Institutional investors and hedge funds own 12.77% of the company's stock.

About Pampa Energía

Pampa Energía SA operates as an independent energy integrated company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal generation plants, thermal gas-fired thermal generation plants, and hydroelectric power generation systems, as well as through a wind farm.