Transportadora de Gas del Sur (NYSE:TGS – Get Free Report) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Wednesday.
Transportadora de Gas del Sur Stock Down 2.8 %
Shares of NYSE TGS traded down $0.48 during trading on Wednesday, reaching $16.92. The company had a trading volume of 186,770 shares, compared to its average volume of 225,566. Transportadora de Gas del Sur has a 12-month low of $9.50 and a 12-month high of $20.59. The stock has a market cap of $2.55 billion, a PE ratio of 31.92 and a beta of 0.82. The business’s 50-day moving average is $17.99 and its 200 day moving average is $16.46. The company has a quick ratio of 2.97, a current ratio of 3.01 and a debt-to-equity ratio of 0.31.
Transportadora de Gas del Sur (NYSE:TGS – Get Free Report) last released its earnings results on Monday, May 6th. The energy company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.14. Transportadora de Gas del Sur had a return on equity of 3.65% and a net margin of 8.10%. The firm had revenue of $229.02 million for the quarter, compared to analysts’ expectations of $209.71 million. As a group, equities analysts forecast that Transportadora de Gas del Sur will post 0.86 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Transportadora de Gas del Sur
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.
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