Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report) traded up 4.3% during mid-day trading on Tuesday . The stock traded as high as $28.71 and last traded at $28.64. 167,621 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 347,212 shares. The stock had previously closed at $27.46.
Analyst Ratings Changes
Several equities analysts have weighed in on TGS shares. StockNews.com raised Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, February 19th. Citigroup assumed coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They issued a "buy" rating and a $35.00 target price on the stock.
Read Our Latest Stock Analysis on TGS
Transportadora de Gas del Sur Price Performance
The firm has a market capitalization of $4.10 billion, a P/E ratio of 25.21 and a beta of 0.76. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64. The company's 50 day moving average price is $27.03 and its 200 day moving average price is $25.97.
Hedge Funds Weigh In On Transportadora de Gas del Sur
Institutional investors and hedge funds have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new position in shares of Transportadora de Gas del Sur in the 4th quarter valued at $76,000. GAMMA Investing LLC boosted its stake in Transportadora de Gas del Sur by 118.8% during the fourth 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. Blue Trust Inc. raised its stake in Transportadora de Gas del Sur by 24.4% during the 4th quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after buying an additional 1,036 shares during the period. Insigneo Advisory Services LLC acquired a new stake in Transportadora de Gas del Sur in the 4th quarter valued at $216,000. Finally, NewEdge Advisors LLC raised its stake in shares of Transportadora de Gas del Sur by 1,493.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after purchasing an additional 8,858 shares during the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.
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.
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