Free Trial

Transportadora de Gas del Sur (NYSE:TGS) Hits New 1-Year High - Time to Buy?

Transportadora de Gas del Sur logo with Oils/Energy background

Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as $25.95 and last traded at $25.95, with a volume of 405 shares traded. The stock had previously closed at $25.85.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 6th.

Check Out Our Latest Report on TGS

Transportadora de Gas del Sur Stock Performance

The stock has a 50-day moving average price of $21.11 and a 200 day moving average price of $19.35. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 23.94 and a beta of 0.70. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Transportadora de Gas del Sur

A number of large investors have recently modified their holdings of TGS. Blue Trust Inc. increased its holdings in Transportadora de Gas del Sur by 97.2% in the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company's stock valued at $80,000 after buying an additional 2,090 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Transportadora de Gas del Sur by 101.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company's stock worth $26,000 after acquiring an additional 725 shares in the last quarter. SPX Gestao de Recursos Ltda raised its position in shares of Transportadora de Gas del Sur by 60.0% during the 2nd quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company's stock worth $3,521,000 after acquiring an additional 69,556 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Transportadora de Gas del Sur by 76.1% during the 2nd quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company's stock worth $474,000 after acquiring an additional 10,800 shares in the last quarter. Finally, Turim 21 Investimentos Ltda. acquired a new position in Transportadora de Gas del Sur in the second quarter valued at approximately $514,000. 3.29% of the stock is owned by hedge funds and other institutional investors.

About Transportadora de Gas del Sur

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Financial Prophecy (From Porter & Company) (Ad)

Should you invest $1,000 in Transportadora de Gas del Sur right now?

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

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!
How to Profit from NVIDIA’s Earnings: Short-Term Trading Guide

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines