Transportadora de Gas del Sur SA ADR (NYSE:TGS)’s share price rose 6.4% on Thursday . The company traded as high as $16.40 and last traded at $16.40, approximately 528,976 shares changed hands during mid-day trading. An increase of 14% from the average daily volume of 463,520 shares. The stock had previously closed at $15.41.

TGS has been the topic of a number of research analyst reports. Zacks Investment Research cut GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. ValuEngine upgraded United Overseas Bank from a “sell” rating to a “hold” rating in a report on Monday, June 17th.

The stock has a market cap of $2.31 billion, a PE ratio of 8.41 and a beta of 0.50. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.01 and a current ratio of 3.04. The business’s fifty day simple moving average is $14.05.

Transportadora de Gas del Sur (NYSE:TGS) last issued its earnings results on Friday, May 10th. The energy company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.07. Transportadora de Gas del Sur had a return on equity of 55.91% and a net margin of 33.04%. The firm had revenue of $277.30 million for the quarter. As a group, equities analysts expect that Transportadora de Gas del Sur SA ADR will post 1.36 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of TGS. Gulf International Bank UK Ltd acquired a new position in shares of Transportadora de Gas del Sur during the second quarter worth about $43,000. Deltec Asset Management LLC lifted its stake in shares of Transportadora de Gas del Sur by 6.7% during the first quarter. Deltec Asset Management LLC now owns 16,000 shares of the energy company’s stock worth $211,000 after purchasing an additional 1,000 shares in the last quarter. Fort Sheridan Advisors LLC lifted its stake in shares of Transportadora de Gas del Sur by 56.0% during the first quarter. Fort Sheridan Advisors LLC now owns 17,505 shares of the energy company’s stock worth $230,000 after purchasing an additional 6,286 shares in the last quarter. Susquehanna Fundamental Investments LLC lifted its stake in shares of Transportadora de Gas del Sur by 214.9% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 31,808 shares of the energy company’s stock worth $477,000 after purchasing an additional 21,708 shares in the last quarter. Finally, Gruss & Co. Inc. acquired a new position in shares of Transportadora de Gas del Sur during the first quarter worth about $484,000. Institutional investors own 9.05% of the company’s stock.

Transportadora de Gas del Sur Company Profile (NYSE:TGS)

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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