YPF Sociedad Anónima (NYSE:YPF) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.79 and traded as high as $56.09. YPF Sociedad Anónima shares last traded at $54.9520, with a volume of 2,236,828 shares trading hands.

Analyst Ratings Changes

A number of analysts have recently issued reports on YPF shares. Zacks Research raised shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Morgan Stanley raised shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a report on Monday, March 30th. UBS Group raised their price target on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Wall Street Zen raised shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.00.

YPF Sociedad Anónima Stock Down 2.8%

The company’s 50 day moving average price is $45.84 and its two-hundred day moving average price is $40.00. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The stock has a market cap of $21.06 billion, a P/E ratio of -51.49 and a beta of 1.24.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.20. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. The firm had revenue of $5.03 billion for the quarter, compared to analysts’ expectations of $5.04 billion. Equities analysts forecast that YPF Sociedad Anónima will post 6.96 earnings per share for the current year.

Insider Buying and Selling

In other YPF Sociedad Anónima news, VP Mauricio Alejandro Martin sold 3,430 shares of YPF Sociedad Anónima stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total transaction of $149,548.00. Following the transaction, the vice president owned 14 shares of the company’s stock, valued at $610.40. The trade was a 99.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total transaction of $554,675.59. Following the completion of the transaction, the vice president owned 101 shares of the company’s stock, valued at approximately $4,404.61. The trade was a 99.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently modified their holdings of the company. Oaktree Fund Advisors LLC bought a new position in shares of YPF Sociedad Anónima in the first quarter worth approximately $5,019,000. Oaktree Capital Management LP bought a new position in shares of YPF Sociedad Anónima in the first quarter worth approximately $40,972,000. Royal Bank of Canada boosted its position in shares of YPF Sociedad Anónima by 31.2% in the first quarter. Royal Bank of Canada now owns 7,556 shares of the oil and gas exploration company’s stock worth $349,000 after purchasing an additional 1,796 shares during the period. Compound Planning Inc. bought a new position in shares of YPF Sociedad Anónima in the first quarter worth approximately $661,000. Finally, Modern Wealth Management LLC bought a new position in shares of YPF Sociedad Anónima in the first quarter worth approximately $424,000. 10.08% of the stock is currently owned by institutional investors.

About YPF Sociedad Anónima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.