Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $27.84 and traded as high as $28.19. Transportadora de Gas del Sur shares last traded at $27.19, with a volume of 263,282 shares trading hands.
Analysts Set New Price Targets
TGS has been the subject of several recent research reports. Citigroup increased their target price on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Monday, May 19th. Santander upgraded Transportadora de Gas del Sur to an "outperform" rating in a research note on Wednesday, May 14th. Finally, Wall Street Zen cut Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 12th.
Check Out Our Latest Report on Transportadora de Gas del Sur
Transportadora de Gas del Sur Price Performance
The company has a market cap of $4.18 billion, a price-to-earnings ratio of 25.72 and a beta of 0.72. The company has a 50-day simple moving average of $27.53 and a 200-day simple moving average of $27.85. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.
Institutional Investors Weigh In On Transportadora de Gas del Sur
Several institutional investors have recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new stake in Transportadora de Gas del Sur during the 4th quarter valued at $76,000. GAMMA Investing LLC raised its stake in Transportadora de Gas del Sur by 13.7% in the 1st quarter. GAMMA Investing LLC now owns 3,582 shares of the energy company's stock valued at $95,000 after purchasing an additional 432 shares during the last quarter. Insigneo Advisory Services LLC acquired a new stake in shares of Transportadora de Gas del Sur during the 4th quarter worth about $216,000. NewEdge Advisors LLC boosted its stake in shares of Transportadora de Gas del Sur by 1,493.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after purchasing an additional 8,858 shares during the last quarter. Finally, Aquatic Capital Management LLC acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $400,000. Hedge funds and other institutional investors own 3.29% of the company's stock.
About Transportadora de Gas del Sur
(
Get Free Report)
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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