Transportadora de Gas del Sur Target of Unusually Large Options Trading (NYSE:TGS)

Transportadora de Gas del Sur S.A. (NYSE:TGS) was the recipient of unusually large options trading on Thursday. Investors bought 4,722 put options on the company. This represents an increase of 1,187% compared to the typical volume of 367 put options.

Transportadora de Gas del Sur Stock Up 0.9 %

Transportadora de Gas del Sur stock opened at $32.70 on Friday. Transportadora de Gas del Sur has a twelve month low of $11.81 and a twelve month high of $33.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The firm has a market cap of $4.92 billion, a PE ratio of 30.28 and a beta of 0.80. The firm’s 50 day moving average price is $27.59 and its two-hundred day moving average price is $22.06.

Hedge Funds Weigh In On Transportadora de Gas del Sur

A number of hedge funds have recently modified their holdings of TGS. GAMMA Investing LLC increased its position in Transportadora de Gas del Sur by 101.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after purchasing an additional 725 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Transportadora de Gas del Sur by 97.2% in the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock valued at $80,000 after buying an additional 2,090 shares in the last quarter. Virtu Financial LLC acquired a new position in Transportadora de Gas del Sur in the third quarter worth approximately $190,000. Mackenzie Financial Corp raised its position in Transportadora de Gas del Sur by 76.1% during the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock valued at $474,000 after acquiring an additional 10,800 shares in the last quarter. Finally, Centiva Capital LP acquired a new stake in Transportadora de Gas del Sur in the third quarter valued at approximately $251,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.