Transportadora de Gas del Sur (NYSE:TGS) downgraded by StockNews.com to buy

Transportadora de Gas del Sur (NYSE:TGS – Get a rating) was downgraded by StockNews.com equity research analysts from a “strong buy” rating to a “buy” rating in a note released Friday to investors.

Transportadora de Gas del Sur Stock Performance

Gas del Sur’s Transportadora stock traded at $0.14 at midday on Friday, hitting $6.39. The company had a trading volume of 133,882 shares, against an average volume of 125,006. The company has a 50-day moving average of $5.43 and a 200-day moving average of $5.94. Transportadora de Gas del Sur has a 52-week minimum of $4.05 and a 52-week maximum of $7.65. The company has a quick ratio of 2.01, a current ratio of 3.23 and a debt ratio of 0.36. The company has a market capitalization of $962.03 million, a price-earnings ratio of 4.04 and a beta of 0.75.

Institutional trade of Transportadora de Gas del Sur

Several institutional investors have recently changed their positions in TGS. Qube Research & Technologies Ltd acquired a new position in Transportadora de Gas del Sur in the fourth quarter worth approximately $50,000. Envestnet Asset Management Inc. acquired a new position in shares of Transportadora de Gas del Sur in Q4 worth approximately $58,000. Goldman Sachs Group Inc. bought a new position in shares of Transportadora de Gas del Sur during the 2nd quarter for a value of approximately $66,000. LPL Financial LLC acquired a new stake in Transportadora de Gas del Sur in Q2 for $79,000. Finally, PEAK6 Investments LLC purchased a new stake in Transportadora de Gas del Sur in the first quarter for $80,000. 2.83% of the shares are currently held by institutional investors and hedge funds.

Company Profile Transportadora de Gas del Sur

(Get an evaluation)

pixel

A d RJO Futures

Tailor an options trading strategy to your needs

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile. Take your trading to the next level with the Options Strategy Guide.

Transportadora de Gas del Sur SA is engaged in natural gas transportation, production and marketing of natural gas liquids in Argentina. The Company operates through four segments: Natural Gas Transportation Services; Production and marketing of liquids; Other services; and Telecommunications.

Recommended Stories

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Transportadora de Gas del Sur, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off… and Transportadora de Gas del Sur was not on the list.

While Transportadora de Gas del Sur currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

More Stories
Cuba’s economic isolation has protected its environment