Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $23.52 and last traded at $23.32, with a volume of 60240 shares. The stock had previously closed at $22.40.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research note on Thursday, August 15th.
Get Our Latest Stock Report on TGS
Transportadora de Gas del Sur Price Performance
The company has a market cap of $3.33 billion, a P/E ratio of 28.22 and a beta of 0.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.05 and a quick ratio of 1.04. The company has a fifty day simple moving average of $20.30 and a 200-day simple moving average of $18.86.
Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) last announced its earnings results on Monday, August 5th. The energy company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.54 by $0.10. The business had revenue of $298.68 million during the quarter, compared to the consensus estimate of $379.90 million. Transportadora de Gas del Sur had a return on equity of 5.69% and a net margin of 12.02%. On average, sell-side analysts predict that Transportadora de Gas del Sur S.A. will post 0.74 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Transportadora de Gas del Sur by 101.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company's stock valued at $26,000 after acquiring an additional 725 shares in the last quarter. Blue Trust Inc. acquired a new stake in Transportadora de Gas del Sur during the 2nd quarter valued at $41,000. BNP Paribas Financial Markets purchased a new stake in shares of Transportadora de Gas del Sur in the first quarter valued at $62,000. Mackenzie Financial Corp boosted its position in shares of Transportadora de Gas del Sur by 76.1% in the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company's stock worth $474,000 after buying an additional 10,800 shares during the period. Finally, Turim 21 Investimentos Ltda. purchased a new position in shares of Transportadora de Gas del Sur during the second quarter valued at $514,000. 3.29% of the stock is currently owned by institutional investors and hedge funds.
Transportadora de Gas del Sur Company Profile
(
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.
Further Reading
Before you consider Transportadora de Gas del Sur, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Transportadora de Gas del Sur wasn't on the list.
While Transportadora de Gas del Sur currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
