Transportadora de Gas del Sur SA (NYSE:TGS – Get Free Report) shares rose 6.3% during midday trading on Friday. The stock traded as high as $19.02 and was last at $18.95. About 187,943 shares traded hands during midday trading, a 17% decline from the average daily volume of 225,172 shares. The stock had previously closed at $17.82.
Wall Street analysts predict growth
Separately, StockNews.com downgraded its rating on Transportadora de Gas del Sur shares to a “buy” from a “strong buy” in a research note on Wednesday.
Check out our latest stock report on Transportadora de Gas del Sur
South Gas Transporter Price Performance
The company has a liquidity ratio of 1.05, a quick ratio of 2.97 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $17.92 and a 200 day moving average of $16.52. The company has a market cap of $2.87 billion, a P/E ratio of 36.02 and a beta of 0.82.
Institutional trading with Transportadora de Gas del Sur
Institutional investors have recently changed their holdings in the company. Blue Trust Inc. acquired a new stake in Transportadora de Gas del Sur in the second quarter valued at $41,000. Tower Research Capital LLC TRC acquired a new stake in Transportadora de Gas del Sur in the fourth quarter valued at about $53,000. BNP Paribas Financial Markets acquired a new stake in Transportadora de Gas del Sur in the first quarter valued at about $62,000. OLD National Bancorp IN acquired a new stake in Transportadora de Gas del Sur in the fourth quarter valued at about $172,000. Finally, Mackenzie Financial Corp acquired a new stake in shares of Transportadora de Gas del Sur in the fourth quarter valued at about $226,000. 3.29% of the shares are currently owned by hedge funds and other institutional investors.
Company profile of Transportadora de Gas del Sur
(Get free report)
Transportadora de Gas del Sur SA is active in the transportation of natural gas and the production and marketing of liquefied natural gas in Argentina and internationally. The company operates in four segments: natural gas transportation services, production and marketing of liquefied natural gas, midstream and telecommunications.
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