Transportadora de Gas del Sur Sees Unusually High Options Volume (NYSE:TGS)

Transportadora de Gas del Sur S.A. (NYSE:TGS) saw unusually large options trading on Thursday. Traders acquired 4,722 put options on the company. This represents an increase of approximately 1,187% compared to the average daily volume of 367 put options.

Transportadora de Gas del Sur Stock Up 7.0 %

TGS traded up $2.04 during trading on Thursday, hitting $31.31. The stock had a trading volume of 219,817 shares, compared to its average volume of 222,340. The stock has a 50 day simple moving average of $27.17 and a two-hundred day simple moving average of $21.88. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. Transportadora de Gas del Sur has a twelve month low of $11.81 and a twelve month high of $31.61. The company has a market capitalization of $4.71 billion, a PE ratio of 28.99 and a beta of 0.80.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. TT International Asset Management LTD increased its stake in Transportadora de Gas del Sur by 17.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company’s stock valued at $23,462,000 after purchasing an additional 188,268 shares in the last quarter. SPX Gestao de Recursos Ltda increased its position in shares of Transportadora de Gas del Sur by 60.0% in the 2nd quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company’s stock valued at $3,521,000 after acquiring an additional 69,556 shares during the period. Ping Capital Management Inc. purchased a new position in Transportadora de Gas del Sur in the 2nd quarter worth $759,000. Turim 21 Investimentos Ltda. purchased a new stake in Transportadora de Gas del Sur during the 2nd quarter valued at about $514,000. Finally, Jane Street Group LLC purchased a new stake in Transportadora de Gas del Sur during the 3rd quarter valued at about $481,000. 3.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered 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 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.