Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 267,600 shares, a decrease of 28.1% from the April 30th total of 372,300 shares. Based on an average trading volume of 308,600 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company's stock are sold short.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. Citigroup increased their target price on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a research report 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 lowered Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 12th.
View Our Latest Analysis on TGS
Institutional Investors Weigh In On Transportadora de Gas del Sur
A number of large investors have recently bought and sold shares of TGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Transportadora de Gas del Sur by 67.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,454,524 shares of the energy company's stock valued at $42,574,000 after buying an additional 583,991 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Transportadora de Gas del Sur in the fourth quarter valued at approximately $9,812,000. Fourth Sail Capital LP purchased a new stake in Transportadora de Gas del Sur in the first quarter valued at approximately $4,887,000. William Blair Investment Management LLC purchased a new stake in Transportadora de Gas del Sur in the fourth quarter valued at approximately $5,246,000. Finally, Brevan Howard Capital Management LP purchased a new stake in Transportadora de Gas del Sur in the fourth quarter valued at approximately $4,813,000. Hedge funds and other institutional investors own 3.29% of the company's stock.
Transportadora de Gas del Sur Stock Up 0.6%
Shares of TGS stock traded up $0.16 during trading hours on Thursday, reaching $27.12. 318,003 shares of the company's stock were exchanged, compared to its average volume of 253,805. Transportadora de Gas del Sur has a 1 year low of $14.16 and a 1 year high of $34.37. The stock has a market cap of $4.08 billion, a PE ratio of 25.11 and a beta of 0.73. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. The stock's fifty day moving average price is $27.20 and its two-hundred day moving average price is $27.89.
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; Midstream; and Telecommunications.
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