Transportadora de Gas del Sur (NYSE:TGS) Sets New 52-Week High – Time to Buy?

Transportadora de Gas del Sur S.A. (NYSE:TGS) shares reached a new 52-week high on Wednesday . The stock traded as high as $34.37 and last traded at $33.24, with a volume of 349877 shares. The stock had previously closed at $32.59.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 6th.

Transportadora de Gas del Sur Trading Down 1.3 %

The company has a market cap of $4.94 billion, a P/E ratio of 30.39 and a beta of 0.80. The business has a fifty day simple moving average of $28.23 and a 200 day simple moving average of $22.38. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. GAMMA Investing LLC grew its stake in Transportadora de Gas del Sur by 101.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after buying an additional 725 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Transportadora de Gas del Sur by 97.2% during the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock valued at $80,000 after acquiring an additional 2,090 shares during the period. Virtu Financial LLC bought a new position in shares of Transportadora de Gas del Sur during the third quarter worth about $190,000. Mackenzie Financial Corp increased its holdings in shares of Transportadora de Gas del Sur by 76.1% in the 2nd quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock worth $474,000 after acquiring an additional 10,800 shares during the period. Finally, Centiva Capital LP bought a new stake in Transportadora de Gas del Sur in the 3rd quarter valued at about $251,000. 3.29% of the stock is currently owned by institutional investors.

Transportadora de Gas del Sur Company Profile

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.