Transportadora De Gas Sa Ord B (NYSE:TGS) Stock Rating Lowered by Wall Street Zen

Transportadora De Gas Sa Ord B (NYSE:TGS - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Saturday.

Several other equities analysts have also recently weighed in on TGS. Citigroup lifted their price objective on shares of Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the stock a "buy" rating in a research report on Monday, May 19th. Santander upgraded shares of Transportadora De Gas Sa Ord B to an "outperform" rating in a research report on Wednesday, May 14th.

Transportadora De Gas Sa Ord B Price Performance

NYSE TGS opened at $27.09 on Friday. The stock has a market capitalization of $4.08 billion, a P/E ratio of 10.79 and a beta of 0.69. Transportadora De Gas Sa Ord B has a 1 year low of $14.16 and a 1 year high of $34.37. The business's fifty day moving average is $28.08 and its two-hundred day moving average is $27.63. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.94 and a current ratio of 2.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in Transportadora De Gas Sa Ord B by 28.8% during the 1st quarter. NewEdge Advisors LLC now owns 12,176 shares of the energy company's stock worth $322,000 after acquiring an additional 2,725 shares during the last quarter. Millennium Management LLC raised its position in shares of Transportadora De Gas Sa Ord B by 787.5% during the first quarter. Millennium Management LLC now owns 143,919 shares of the energy company's stock valued at $3,808,000 after buying an additional 127,702 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Transportadora De Gas Sa Ord B by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,490,547 shares of the energy company's stock valued at $39,440,000 after buying an additional 36,023 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of Transportadora De Gas Sa Ord B by 66.9% during the first quarter. Cubist Systematic Strategies LLC now owns 57,609 shares of the energy company's stock valued at $1,524,000 after buying an additional 23,094 shares during the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of Transportadora De Gas Sa Ord B during the first quarter valued at about $2,341,000. Institutional investors and hedge funds own 3.29% of the company's stock.

About Transportadora De Gas Sa Ord B

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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