YPF Sociedad Anónima (NYSE:YPF) Share Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF)’s share price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $46.35 and traded as low as $43.75. YPF Sociedad Anónima shares last traded at $43.7850, with a volume of 1,888,299 shares changing hands.

Analyst Ratings Changes

Several research firms have commented on YPF. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. HSBC raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, August 17th. JPMorgan Chase & Co. cut their price objective on shares of YPF Sociedad Anónima from $66.00 to $60.50 and set an “overweight” rating on the stock in a report on Thursday, October 29th. Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday. Finally, UBS Group boosted their target price on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.50.

YPF Sociedad Anónima Stock Down 6.8%

The firm has a market capitalization of $17.22 billion, a PE ratio of 8.06 and a beta of 1.22. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $51.56 and a two-hundred day moving average of $46.35.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Thursday, October 29th. The oil and gas exploration company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $1.08. YPF Sociedad Anónima had a return on equity of 18.03% and a net margin of 9.42%. The firm had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $5.57 billion. On average, equities research analysts forecast that YPF Sociedad Anónima will post 9.08 EPS for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its position in YPF Sociedad Anónima by 13.0% during the second quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company’s stock valued at $88,000 after buying an additional 223 shares in the last quarter. First Growth Capital LLC grew its stake in YPF Sociedad Anónima by 1.4% during the first quarter. First Growth Capital LLC now owns 18,587 shares of the oil and gas exploration company’s stock worth $824,000 after buying an additional 249 shares during the period. Farther Finance Advisors LLC grew its stake in YPF Sociedad Anónima by 14.6% during the third quarter. Farther Finance Advisors LLC now owns 1,994 shares of the oil and gas exploration company’s stock worth $100,000 after buying an additional 254 shares during the period. IPG Investment Advisors LLC increased its position in shares of YPF Sociedad Anónima by 2.8% in the third quarter. IPG Investment Advisors LLC now owns 14,717 shares of the oil and gas exploration company’s stock worth $738,000 after acquiring an additional 400 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in shares of YPF Sociedad Anónima in the third quarter worth $25,000. 10.08% of the stock is owned by institutional investors and hedge funds.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima is an integrated energy company based in Argentina and one of the country’s principal oil and gas producers. The company explores for, develops and produces crude oil and natural gas, with operations that include both conventional and unconventional resources. YPF is also a major participant in the development of the Vaca Muerta shale formation in the Neuquén Basin.

Through its downstream operations, YPF refines crude oil and markets fuels, lubricants and other petroleum products.