Transportadora de Gas del Sur S.A. (NYSE:TGS) Short Interest Update

Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 234,900 shares, a drop of 24.3% from the March 15th total of 310,300 shares. Based on an average daily trading volume, of 256,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. StockNews.com lowered Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 28th. TheStreet upgraded Transportadora de Gas del Sur from a "c" rating to a "b-" rating in a report on Tuesday, January 2nd.

Institutional Trading of Transportadora de Gas del Sur

A number of hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. purchased a new position in Transportadora de Gas del Sur in the 4th quarter worth approximately $41,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Transportadora de Gas del Sur by 3.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 219,928 shares of the energy company's stock worth $2,239,000 after purchasing an additional 6,787 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Transportadora de Gas del Sur in the 4th quarter worth $73,000. Quadrature Capital Ltd boosted its holdings in Transportadora de Gas del Sur by 95.1% in the 3rd quarter. Quadrature Capital Ltd now owns 101,510 shares of the energy company's stock worth $1,032,000 after buying an additional 49,471 shares during the period. Finally, Cable Hill Partners LLC bought a new position in shares of Transportadora de Gas del Sur during the 3rd quarter valued at about $102,000. 3.29% of the stock is owned by institutional investors.

Transportadora de Gas del Sur Trading Down 3.1 %

NYSE:TGS traded down $0.54 during mid-day trading on Friday, reaching $16.90. 126,019 shares of the company's stock traded hands, compared to its average volume of 251,972. The company has a 50 day moving average price of $14.26 and a 200-day moving average price of $13.40. 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 firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 60.36 and a beta of 0.71. Transportadora de Gas del Sur has a 12-month low of $9.50 and a 12-month high of $19.95.

Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) last posted its quarterly earnings data on Monday, March 4th. The energy company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.40). The firm had revenue of $249.63 million for the quarter, compared to the consensus estimate of $227.09 million. Transportadora de Gas del Sur had a net margin of 4.16% and a return on equity of 1.88%. On average, sell-side analysts predict that Transportadora de Gas del Sur will post 0.07 earnings per share for the current year.

Transportadora de Gas del Sur Company Profile

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.