Pampa Energía S.A. (NYSE:PAM) Short Interest Down 23.8% in February

Pampa Energía S.A. (NYSE:PAM - Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 205,400 shares, a decline of 23.8% from the January 31st total of 269,400 shares. Based on an average trading volume of 278,600 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

PAM has been the subject of a number of research analyst reports. StockNews.com raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. JPMorgan Chase & Co. increased their target price on shares of Pampa Energía from $59.00 to $93.50 and gave the company a "neutral" rating in a research note on Friday, January 10th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Pampa Energía presently has an average rating of "Hold" and a consensus target price of $71.63.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fourth Sail Capital LP purchased a new stake in shares of Pampa Energía in the 3rd quarter valued at approximately $8,552,000. Wrapmanager Inc. purchased a new position in shares of Pampa Energía during the third quarter valued at $221,000. Capstone Investment Advisors LLC acquired a new position in Pampa Energía during the third quarter valued at $252,000. Verition Fund Management LLC purchased a new stake in Pampa Energía in the 3rd quarter worth about $597,000. Finally, Centiva Capital LP acquired a new stake in Pampa Energía during the 3rd quarter worth about $309,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Pampa Energía Trading Up 2.0 %

Shares of NYSE:PAM traded up $1.49 during midday trading on Wednesday, reaching $77.20. The company had a trading volume of 98,963 shares, compared to its average volume of 275,251. The company has a fifty day simple moving average of $85.15 and a two-hundred day simple moving average of $74.67. The firm has a market cap of $4.21 billion, a price-to-earnings ratio of 11.88 and a beta of 0.92. Pampa Energía has a 1-year low of $38.15 and a 1-year high of $97.55. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.13 and a current ratio of 2.41.

About Pampa Energía

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.