Transportadora de Gas del Sur (NYSE:TGS) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Transportadora de Gas del Sur (NYSE:TGS - Free Report) from a buy rating to a strong-buy rating in a research report report published on Wednesday.

Separately, Citigroup assumed coverage on Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They issued a "buy" rating and a $35.00 price objective for the company.

Transportadora de Gas del Sur Trading Down 3.0 %

Shares of NYSE TGS traded down $0.84 during mid-day trading on Wednesday, hitting $27.45. 128,196 shares of the company traded hands, compared to its average volume of 375,815. Transportadora de Gas del Sur has a 1 year low of $11.81 and a 1 year high of $34.37. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 25.42 and a beta of 0.78. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $29.00 and a two-hundred day moving average of $24.62.

Institutional Investors Weigh In On Transportadora de Gas del Sur

Hedge funds have recently bought and sold shares of the business. Point72 Asset Management L.P. purchased a new stake in Transportadora de Gas del Sur in the 4th quarter worth about $76,000. Blue Trust Inc. lifted its stake in Transportadora de Gas del Sur by 97.2% in the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company's stock worth $80,000 after acquiring an additional 2,090 shares in the last quarter. GAMMA Investing LLC lifted its stake in Transportadora de Gas del Sur by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock worth $92,000 after acquiring an additional 1,710 shares in the last quarter. Virtu Financial LLC purchased a new stake in Transportadora de Gas del Sur in the 3rd quarter worth about $190,000. Finally, Insigneo Advisory Services LLC purchased a new stake in Transportadora de Gas del Sur in the 4th quarter worth about $216,000. 3.29% of the stock is owned by hedge funds and other institutional investors.

About Transportadora de Gas del Sur

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.