YPF Sociedad Anónima (NYSE:YPF) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF) shares passed 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 traded.

Analyst Ratings Changes

Several research analysts have weighed in on YPF shares. JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. UBS Group reiterated a “neutral” rating and issued a $38.00 price target (up from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Wednesday, December 25th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price target for the stock from $31.00 to $55.00 in a research report on Monday, December 9th. Finally, Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price target for the stock 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 given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $34.23.

YPF Sociedad Anónima Stock Up 0.3 %

The stock has a market capitalization of $16.72 billion, a P/E ratio of 21.47, a P/E/G ratio of 0.13 and a beta of 1.94. The company’s 50-day moving average price is $36.40 and its 200 day moving average price is $26.85. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88.

Institutional Trading of YPF Sociedad Anónima

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in YPF Sociedad Anónima by 1,119.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock valued at $5,314,000 after acquiring an additional 230,001 shares during 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 increased its holdings 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 valued at $5,481,000 after acquiring an additional 28,617 shares during the last quarter. Insigneo Advisory Services LLC increased its holdings 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 valued at $1,004,000 after acquiring an additional 2,992 shares during the last quarter. Finally, Itau Unibanco Holding S.A. bought a new stake in YPF Sociedad Anónima in the 3rd quarter valued at $4,539,000. 10.08% of the stock is currently owned by institutional investors.

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.