Transportadora De Gas Sa Ord B (NYSE:TGS) Shares Down 5.7% - What's Next?

Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) shares fell 5.7% on Friday . The stock traded as low as $27.17 and last traded at $27.15. 44,075 shares changed hands during trading, a decline of 86% from the average session volume of 324,788 shares. The stock had previously closed at $28.80.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TGS shares. Santander upgraded shares of Transportadora De Gas Sa Ord B to an "outperform" rating in a report on Wednesday, May 14th. Wall Street Zen lowered Transportadora De Gas Sa Ord B from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 12th. Finally, Citigroup lifted their target price on Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the company a "buy" rating in a report on Monday, May 19th.

Transportadora De Gas Sa Ord B Stock Performance

The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 10.70 and a beta of 0.72. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.97 and a quick ratio of 2.94. The stock has a 50 day simple moving average of $28.10 and a two-hundred day simple moving average of $27.79.

Institutional Trading of Transportadora De Gas Sa Ord B

Institutional investors have recently modified their holdings of the stock. Point72 Asset Management L.P. purchased a new position in shares of Transportadora De Gas Sa Ord B in the 4th quarter valued at $76,000. GAMMA Investing LLC boosted its stake in Transportadora De Gas Sa Ord B by 13.7% in the first quarter. GAMMA Investing LLC now owns 3,582 shares of the energy company's stock valued at $95,000 after acquiring an additional 432 shares in the last quarter. Insigneo Advisory Services LLC purchased a new position in shares of Transportadora De Gas Sa Ord B during the fourth quarter worth about $216,000. NewEdge Advisors LLC increased its position in shares of Transportadora De Gas Sa Ord B by 1,493.8% during the fourth 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 in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Transportadora De Gas Sa Ord B in the 4th quarter valued at about $400,000. Hedge funds and other institutional investors own 3.29% of the company's stock.

Transportadora De Gas Sa Ord B 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.