Transportadora De Gas Sa Ord B (NYSE:TGS) Short Interest Update

Transportadora De Gas Sa Ord B (NYSE:TGS) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 308,393 shares, a decrease of 47.1% from the April 15th total of 582,524 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 263,774 shares, the short-interest ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Zacks Research raised Transportadora De Gas Sa Ord B from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Wall Street Zen downgraded Transportadora De Gas Sa Ord B from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $39.50.

Hedge Funds Weigh In On Transportadora De Gas Sa Ord B

Several hedge funds have recently bought and sold shares of the company. Helikon Investments Ltd increased its stake in Transportadora De Gas Sa Ord B by 13.3% in the 4th quarter. Helikon Investments Ltd now owns 3,283,265 shares of the energy company’s stock valued at $102,077,000 after purchasing an additional 386,015 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Transportadora De Gas Sa Ord B by 9.2% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,627,579 shares of the energy company’s stock valued at $42,154,000 after purchasing an additional 137,032 shares in the last quarter. SPX Gestao de Recursos Ltda increased its stake in Transportadora De Gas Sa Ord B by 108.7% in the 4th quarter. SPX Gestao de Recursos Ltda now owns 1,206,803 shares of the energy company’s stock valued at $37,520,000 after purchasing an additional 628,438 shares in the last quarter. Fundamenta Capital S.A. purchased a new position in Transportadora De Gas Sa Ord B in the 4th quarter valued at approximately $18,565,000. Finally, Banco BTG Pactual S.A. increased its stake in Transportadora De Gas Sa Ord B by 143.2% in the 3rd quarter. Banco BTG Pactual S.A. now owns 201,014 shares of the energy company’s stock valued at $4,227,000 after purchasing an additional 118,357 shares in the last quarter. 3.29% of the stock is owned by hedge funds and other institutional investors.

Transportadora De Gas Sa Ord B Price Performance

NYSE TGS traded down $0.23 during mid-day trading on Friday, hitting $29.41. The stock had a trading volume of 191,604 shares, compared to its average volume of 329,460. Transportadora De Gas Sa Ord B has a 52-week low of $19.74 and a 52-week high of $36.35. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 13.31, a P/E/G ratio of 1.02 and a beta of 0.63. The company has a 50 day simple moving average of $31.74 and a 200 day simple moving average of $30.89. The company has a quick ratio of 5.08, a current ratio of 5.11 and a debt-to-equity ratio of 0.39.

Transportadora De Gas Sa Ord B (NYSE:TGS) last released its quarterly earnings data on Saturday, February 14th. The energy company reported $0.57 earnings per share for the quarter. Transportadora De Gas Sa Ord B had a return on equity of 14.03% and a net margin of 24.56%.The firm had revenue of $326.20 million during the quarter. Equities analysts forecast that Transportadora De Gas Sa Ord B will post 2.78 EPS for the current fiscal year.

Transportadora De Gas Sa Ord B Company Profile

Transportadora de Gas del Sur SA (NYSE:TGS) is an Argentina‐based midstream energy company principally engaged in the transportation, storage and processing of natural gas. Established in 1992 following the privatization of the state‐owned gas utility, TGS operates one of the country’s largest pipeline networks, carrying gas from production basins in the Neuquén and Golfo San Jorge regions to major consumption markets in Buenos Aires and beyond. The company’s infrastructure supports both domestic supply and export volumes bound for neighboring countries.

In addition to its core pipeline business, TGS maintains a significant gas processing division that extracts natural gas liquids (NGL) and produces liquefied petroleum gas (LPG) and other by‐products.