Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) was upgraded by equities researchers at StockNews.com from a "buy" rating to a "strong-buy" rating in a report released on Wednesday.
Transportadora de Gas del Sur Stock Down 0.5 %
Shares of TGS stock traded down $0.10 during trading hours on Wednesday, reaching $19.40. The company had a trading volume of 314,499 shares, compared to its average volume of 256,742. The stock's fifty day simple moving average is $15.57 and its 200 day simple moving average is $14.17. The company has a market capitalization of $2.92 billion, a P/E ratio of 69.29 and a beta of 0.68. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.49 and a current ratio of 3.56. Transportadora de Gas del Sur has a twelve month low of $9.50 and a twelve month high of $20.16.
Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) last announced its earnings results 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 net margin of 4.16% and a return on equity of 1.88%. The business had revenue of $249.63 million for the quarter, compared to analyst estimates of $227.09 million. As a group, sell-side analysts expect that Transportadora de Gas del Sur will post 0.6 earnings per share for the current fiscal year.
Institutional Trading of Transportadora de Gas del Sur
Institutional investors and hedge funds have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Transportadora de Gas del Sur by 62.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 356,427 shares of the energy company's stock worth $5,378,000 after acquiring an additional 136,499 shares during the last quarter. Mackenzie Financial Corp bought a new position in Transportadora de Gas del Sur during the 4th quarter worth $226,000. Blue Trust Inc. acquired a new stake in Transportadora de Gas del Sur in the fourth quarter worth $41,000. FNY Investment Advisers LLC acquired a new position in Transportadora de Gas del Sur during the 4th quarter valued at about $73,000. Finally, Quadrature Capital Ltd grew its position 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 purchasing an additional 49,471 shares during the last quarter. Institutional investors and hedge funds own 3.29% of the company's stock.
Transportadora de Gas del Sur Company Profile
(
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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; Midstream; and Telecommunications.
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