Pampa Energía (NYSE:PAM) Sees Unusually-High Trading Volume

Pampa Energía S.A. (NYSE:PAM - Get Free Report) shares saw strong trading volume on Monday . 331,936 shares were traded during mid-day trading, an increase of 43% from the previous session's volume of 232,529 shares.The stock last traded at $47.43 and had previously closed at $46.60.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Pampa Energía from a "buy" rating to a "hold" rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $36.50.

Pampa Energía Price Performance

The company has a quick ratio of 2.16, a current ratio of 2.56 and a debt-to-equity ratio of 0.51. The firm has a market cap of $2.51 billion, a P/E ratio of 8.42, a PEG ratio of 0.45 and a beta of 0.95. The business has a fifty day moving average of $43.18 and a 200 day moving average of $43.43.

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

Institutional Investors Weigh In On Pampa Energía

A number of institutional investors have recently made changes to their positions in PAM. GAMMA Investing LLC bought a new stake in shares of Pampa Energía during the fourth quarter worth approximately $41,000. SPX Gestao de Recursos Ltda acquired a new stake in shares of Pampa Energía in the fourth quarter valued at approximately $44,000. Tower Research Capital LLC TRC raised its position in shares of Pampa Energía by 295.3% in 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 in the last quarter. UBS Group AG raised its position in shares of Pampa Energía by 106.0% in 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 in the last quarter. Finally, Barclays PLC acquired a new stake in shares of Pampa Energía in the second quarter valued at approximately $87,000. Institutional investors own 12.77% of the company's stock.

About Pampa Energía

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.