Transportadora de Gas del Sur (NYSE:TGS) Raised to Strong-Buy at StockNews.com

Transportadora de Gas del Sur (NYSE:TGS) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Wednesday.

Separately, Citigroup started coverage on shares of Transportadora de Gas del Sur in a report on Wednesday, February 12th. They issued a “buy” rating and a $35.00 price target on the stock.

Transportadora de Gas del Sur Trading Up 3.8 %

TGS stock opened at $28.30 on Wednesday. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. Transportadora de Gas del Sur has a twelve month low of $11.81 and a twelve month high of $34.37. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 26.20 and a beta of 0.78. The firm’s fifty day simple moving average is $29.00 and its two-hundred day simple moving average is $24.62.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Point72 Asset Management L.P. bought a new position in shares of Transportadora de Gas del Sur in the fourth quarter worth about $76,000. Blue Trust Inc. grew its holdings in shares of Transportadora de Gas del Sur by 97.2% in the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after purchasing an additional 2,090 shares during the last quarter. GAMMA Investing LLC lifted its stake in Transportadora de Gas del Sur by 118.8% in the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company’s stock worth $92,000 after acquiring an additional 1,710 shares during the period. Virtu Financial LLC purchased a new stake in Transportadora de Gas del Sur in the third quarter worth about $190,000. Finally, Insigneo Advisory Services LLC purchased a new stake in Transportadora de Gas del Sur in the fourth quarter worth about $216,000. 3.29% of the stock is currently owned by institutional investors.

Transportadora de Gas del Sur Company Profile

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.