Transportadora de Gas del Sur Target of Unusually Large Options Trading (NYSE:TGS)

Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report) was the recipient of unusually large options trading activity on Friday. Stock investors purchased 6,000 put options on the company. This is an increase of approximately 12,666% compared to the average volume of 47 put options.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research report on Thursday.

Transportadora de Gas del Sur Price Performance

Shares of NYSE:TGS traded down $0.49 during trading hours on Friday, hitting $18.86. 84,863 shares of the company's stock traded hands, compared to its average volume of 250,858. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.97 and a current ratio of 3.01. The company's fifty day simple moving average is $16.42 and its two-hundred day simple moving average is $14.52. Transportadora de Gas del Sur has a 52 week low of $9.50 and a 52 week high of $20.16. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 35.59 and a beta of 0.68.

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 the consensus estimate of $0.02 by ($0.40). Transportadora de Gas del Sur had a return on equity of 3.65% and a net margin of 8.10%. The company had revenue of $249.63 million for the quarter, compared to the consensus estimate of $227.09 million. As a group, equities analysts anticipate that Transportadora de Gas del Sur will post 0.77 EPS for the current fiscal year.

Institutional Trading of Transportadora de Gas del Sur

Several large investors have recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in Transportadora de Gas del Sur in the 4th quarter valued at approximately $41,000. Tower Research Capital LLC TRC purchased a new stake in shares of Transportadora de Gas del Sur during the fourth quarter worth $53,000. BNP Paribas Financial Markets acquired a new stake in Transportadora de Gas del Sur during the first quarter valued at $62,000. FNY Investment Advisers LLC purchased a new position in Transportadora de Gas del Sur in the fourth quarter valued at about $73,000. Finally, OLD National Bancorp IN purchased a new position in Transportadora de Gas del Sur in the fourth quarter valued at about $172,000. 3.29% of the stock is owned by institutional investors and hedge funds.

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; Midstream; and Telecommunications.