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Transportadora de Gas del Sur (NYSE:TGS) Hits New 12-Month High - Should You Buy?

Transportadora de Gas del Sur logo with Oils/Energy background

Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $34.37 and last traded at $33.24, with a volume of 349877 shares traded. The stock had previously closed at $32.59.

Analyst Upgrades and Downgrades

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

Get Our Latest Report on Transportadora de Gas del Sur

Transportadora de Gas del Sur Price Performance

The firm has a market capitalization of $4.94 billion, a P/E ratio of 30.39 and a beta of 0.80. The business's 50-day simple moving average is $28.02 and its 200 day simple moving average is $22.31. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24.

Hedge Funds Weigh In On Transportadora de Gas del Sur

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in shares of Transportadora de Gas del Sur by 101.4% during the third quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company's stock worth $26,000 after purchasing an additional 725 shares during the period. Blue Trust Inc. lifted its holdings 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 buying an additional 2,090 shares during the period. Virtu Financial LLC bought a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter worth approximately $190,000. Centiva Capital LP purchased a new position in shares of Transportadora de Gas del Sur during the third quarter valued at approximately $251,000. Finally, XTX Topco Ltd bought a new position in shares of Transportadora de Gas del Sur during the third quarter valued at approximately $349,000. 3.29% of the stock is currently owned by institutional investors.

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.

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