StockNews.com lowered shares of Transportadora de Gas del Sur (NYSE:TGS - Free Report) from a strong-buy rating to a buy rating in a report published on Thursday.
Separately, TheStreet raised Transportadora de Gas del Sur from a c rating to a b- rating in a research note on Tuesday, January 2nd.
Check Out Our Latest Research Report on Transportadora de Gas del Sur
Transportadora de Gas del Sur Price Performance
Shares of NYSE TGS traded up $0.05 during mid-day trading on Thursday, reaching $15.10. The company's stock had a trading volume of 153,952 shares, compared to its average volume of 226,142. The firm has a market capitalization of $2.27 billion, a PE ratio of 53.93 and a beta of 0.69. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.56 and a quick ratio of 3.49. The stock has a fifty day moving average of $13.85 and a two-hundred day moving average of $12.97. Transportadora de Gas del Sur has a 52 week low of $9.50 and a 52 week high of $15.77.
Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) last released its quarterly earnings data on Monday, March 4th. The energy company reported ($0.38) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.40). The business had revenue of $249.63 million during the quarter, compared to the consensus estimate of $227.09 million. Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. As a group, sell-side analysts anticipate that Transportadora de Gas del Sur will post 0.07 EPS for the current fiscal year.
Hedge Funds Weigh In On Transportadora de Gas del Sur
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TGS. Jump Financial LLC raised its position in Transportadora de Gas del Sur by 8.9% during the fourth quarter. Jump Financial LLC now owns 19,600 shares of the energy company's stock valued at $296,000 after purchasing an additional 1,600 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth approximately $26,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Transportadora de Gas del Sur in the third quarter worth approximately $25,000. Vident Investment Advisory LLC raised its holdings in shares of Transportadora de Gas del Sur by 16.3% in the fourth quarter. Vident Investment Advisory LLC now owns 18,550 shares of the energy company's stock worth $219,000 after buying an additional 2,597 shares during the period. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Transportadora de Gas del Sur in the first quarter worth approximately $27,000. 3.29% of the stock is owned by institutional investors.
About Transportadora de Gas del Sur
(
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Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Other Services; and Telecommunications.
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