YPF Sociedad Anónima (NYSE:YPF) Reaches New 52-Week High - Here's What Happened

Shares of YPF Sociedad Anónima (NYSE:YPF - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $31.22 and last traded at $31.22, with a volume of 2135 shares traded. The stock had previously closed at $30.91.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on YPF. Bank of America lifted their target price on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, September 18th. JPMorgan Chase & Co. lifted their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a "neutral" rating in a report on Wednesday, October 30th. The Goldman Sachs Group lifted their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a "neutral" rating in a report on Thursday, July 25th. Citigroup upgraded YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $24.00 to $33.00 in a research report on Friday, November 1st. Finally, StockNews.com lowered YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $27.37.

YPF Sociedad Anónima Stock Up 4.4 %

The company has a 50-day simple moving average of $24.69 and a 200-day simple moving average of $22.48. The firm has a market cap of $12.69 billion, a PE ratio of -15.36, a price-to-earnings-growth ratio of 0.10 and a beta of 1.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.73.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of YPF. Blue Trust Inc. purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at approximately $26,000. Transcendent Capital Group LLC purchased a new position in shares of YPF Sociedad Anónima during the first quarter valued at approximately $28,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at approximately $63,000. Headlands Technologies LLC bought a new stake in shares of YPF Sociedad Anónima during the first quarter valued at approximately $113,000. Finally, Activest Wealth Management bought a new stake in shares of YPF Sociedad Anónima during the third quarter valued at approximately $144,000. Hedge funds and other institutional investors own 10.08% of the company's stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company's downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.