Transportadora de Gas del Sur (NYSE:TGS) Trading Up 4.1%

Transportadora de Gas del Sur S.A. (NYSE:TGS)’s share price was up 4.1% during trading on Friday . The company traded as high as $19.50 and last traded at $19.49. Approximately 11,201 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 217,770 shares. The stock had previously closed at $18.73.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 15th.

Transportadora de Gas del Sur Stock Up 3.6 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.05 and a quick ratio of 1.04. The business’s 50 day moving average price is $18.18 and its 200 day moving average price is $17.00. The firm has a market cap of $2.92 billion, a PE ratio of 36.60 and a beta of 0.82.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Monday, August 5th. The energy company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.54 by $0.10. The company had revenue of $298.68 million during the quarter, compared to analyst estimates of $379.90 million. Transportadora de Gas del Sur had a return on equity of 5.69% and a net margin of 12.02%. On average, equities research analysts expect that Transportadora de Gas del Sur S.A. will post 0.74 earnings per share for the current year.

Hedge Funds Weigh In On Transportadora de Gas del Sur

Institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. acquired a new stake in Transportadora de Gas del Sur in the 2nd quarter valued at about $41,000. BNP Paribas Financial Markets purchased a new position in shares of Transportadora de Gas del Sur during the 1st quarter worth $62,000. Jump Financial LLC boosted its position in shares of Transportadora de Gas del Sur by 8.9% during the 4th quarter. Jump Financial LLC now owns 19,600 shares of the energy company’s stock valued at $296,000 after acquiring an additional 1,600 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Transportadora de Gas del Sur by 76.1% in the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock valued at $474,000 after purchasing an additional 10,800 shares during the period. Finally, Turim 21 Investimentos Ltda. acquired a new stake in Transportadora de Gas del Sur during the second quarter worth about $514,000. 3.29% of the stock is currently owned by institutional investors and hedge funds.

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.