YPF Sociedad Anonima (NYSE:YPF) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

YPF Sociedad Anonima (NYSE:YPF)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $32.16 and traded as high as $34.94. YPF Sociedad Anonima shares last traded at $32.7990, with a volume of 2,969,227 shares changing hands.

Wall Street Analyst Weigh In

YPF has been the subject of a number of analyst reports. Zacks Research raised YPF Sociedad Anonima from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. reduced their target price on YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating for the company in a report on Friday, October 17th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anonima Price Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.54 and a current ratio of 0.75. The stock has a market capitalization of $12.90 billion, a PE ratio of -27.80, a P/E/G ratio of 0.30 and a beta of 1.48. The company’s fifty day simple moving average is $36.21 and its two-hundred day simple moving average is $32.16.

YPF Sociedad Anonima (NYSE:YPF) last released its quarterly earnings results on Friday, November 7th. The oil and gas exploration company reported ($0.53) EPS for the quarter, missing the consensus estimate of $0.82 by ($1.35). YPF Sociedad Anonima had a negative net margin of 2.45% and a positive return on equity of 2.88%. The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $4.55 billion. As a group, sell-side analysts predict that YPF Sociedad Anonima will post 7.25 EPS for the current year.

Hedge Funds Weigh In On YPF Sociedad Anonima

A number of institutional investors have recently made changes to their positions in YPF. Sunbelt Securities Inc. boosted its stake in shares of YPF Sociedad Anonima by 488.3% during the third quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock valued at $33,000 after acquiring an additional 1,123 shares during the last quarter. VR Advisory Services Ltd raised its stake in YPF Sociedad Anonima by 5.9% in the 3rd quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after purchasing an additional 200,000 shares during the last quarter. Boothbay Fund Management LLC purchased a new position in YPF Sociedad Anonima in the 3rd quarter valued at about $699,000. Schonfeld Strategic Advisors LLC purchased a new position in YPF Sociedad Anonima in the 3rd quarter valued at about $272,000. Finally, Amundi boosted its stake in shares of YPF Sociedad Anonima by 14.3% during the 3rd quarter. Amundi now owns 64,991 shares of the oil and gas exploration company’s stock worth $1,600,000 after purchasing an additional 8,115 shares during the last quarter. 10.08% of the stock is owned by institutional investors and hedge funds.

About YPF Sociedad Anonima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.