YPF Sociedad Anónima (NYSE:YPF) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Shares of YPF Sociedad Anónima (NYSE:YPF - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.85 and traded as high as $43.24. YPF Sociedad Anónima shares last traded at $42.51, with a volume of 877,713 shares.

Wall Street Analyst Weigh In

Several research firms recently issued reports on YPF. UBS Group reiterated a "neutral" rating and issued a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. StockNews.com raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research note on Wednesday, December 25th. Bank of America raised shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. JPMorgan Chase & Co. raised their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a "neutral" rating in a research note on Wednesday, October 30th. Finally, Citigroup cut shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and upped their target price for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, YPF Sociedad Anónima presently has an average rating of "Hold" and an average price target of $34.23.

YPF Sociedad Anónima Price Performance

The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The company's 50 day simple moving average is $36.79 and its 200 day simple moving average is $26.97. The stock has a market cap of $17.54 billion, a P/E ratio of 22.53, a P/E/G ratio of 0.13 and a beta of 1.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in YPF. JPMorgan Chase & Co. lifted its stake in YPF Sociedad Anónima by 1,119.3% in the third quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company's stock valued at $5,314,000 after buying an additional 230,001 shares in the last quarter. ABS Direct Equity Fund LLC bought a new stake in YPF Sociedad Anónima in the 3rd quarter valued at $318,000. Dorsey Wright & Associates boosted its stake in YPF Sociedad Anónima by 12.5% in the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company's stock worth $5,481,000 after purchasing an additional 28,617 shares during the period. Insigneo Advisory Services LLC boosted its stake in YPF Sociedad Anónima by 6.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company's stock worth $1,004,000 after purchasing an additional 2,992 shares during the period. Finally, Itau Unibanco Holding S.A. bought a new position in YPF Sociedad Anónima during the 3rd quarter worth about $4,539,000. 10.08% of the stock is owned by institutional investors and hedge funds.

YPF Sociedad Anónima Company Profile

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.