Transportadora de Gas del Sur (NYSE:TGS) Upgraded by StockNews.com to “Strong-Buy”

StockNews.com upgraded shares of Transportadora de Gas del Sur (NYSE:TGS) from a buy rating to a strong-buy rating in a report released on Wednesday morning.

Transportadora de Gas del Sur Stock Performance

TGS opened at $19.40 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.49 and a current ratio of 3.56. Transportadora de Gas del Sur has a 52-week low of $9.50 and a 52-week high of $20.16. The firm has a market cap of $2.92 billion, a P/E ratio of 69.29 and a beta of 0.68. The business’s fifty day moving average is $15.57 and its 200-day moving average is $14.17.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Monday, March 4th. The energy company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.40). Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. The firm had revenue of $249.63 million for the quarter, compared to the consensus estimate of $227.09 million. Sell-side analysts expect that Transportadora de Gas del Sur will post 0.6 EPS for the current fiscal year.

Institutional Investors Weigh In On Transportadora de Gas del Sur

Large investors have recently modified their holdings of the business. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Transportadora de Gas del Sur during the 3rd quarter valued at approximately $25,000. Blue Trust Inc. bought a new stake in shares of Transportadora de Gas del Sur during the fourth quarter worth $41,000. Tower Research Capital LLC TRC acquired a new position in shares of Transportadora de Gas del Sur during the fourth quarter worth $53,000. BNP Paribas Financial Markets bought a new position in shares of Transportadora de Gas del Sur in the 1st quarter valued at $62,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at $73,000. Institutional investors and hedge funds own 3.29% of the company’s stock.

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.