YPF Sociedad Anónima (NYSE:YPF) Shares Up 8.4%

YPF Sociedad Anónima (NYSE:YPF) shot up 8.4% during mid-day trading on Friday . The stock traded as high as $24.34 and last traded at $24.32. 536,611 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 2,137,454 shares. The stock had previously closed at $22.44.

Analyst Ratings Changes

YPF has been the subject of several analyst reports. JPMorgan Chase & Co. increased their target price on shares of YPF Sociedad Anónima from $18.50 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, May 28th. Bank of America raised YPF Sociedad Anónima from an “underperform” rating to a “neutral” rating in a research report on Thursday, May 23rd. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $23.50 to $30.00 in a research report on Friday. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Finally, The Goldman Sachs Group boosted their price target on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a report on Thursday, July 25th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $24.77.

YPF Sociedad Anónima Price Performance

The business’s 50-day simple moving average is $20.44 and its two-hundred day simple moving average is $20.36. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The stock has a market cap of $9.29 billion, a P/E ratio of -9.35, a price-to-earnings-growth ratio of 0.09 and a beta of 1.89.

Institutional Trading of YPF Sociedad Anónima

Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. purchased a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $26,000. Transcendent Capital Group LLC purchased a new stake in YPF Sociedad Anónima in the first quarter valued at approximately $28,000. Ashton Thomas Private Wealth LLC bought a new stake in YPF Sociedad Anónima during the second quarter valued at approximately $63,000. Headlands Technologies LLC purchased a new position in YPF Sociedad Anónima in the 1st quarter worth approximately $113,000. Finally, SG Americas Securities LLC purchased a new position in YPF Sociedad Anónima in the 2nd quarter worth approximately $185,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company's downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.