Today’s Market Runner: Pampa Energia S.A. (ADR)’s Stock Is Buy After Making 52-Week High

Today's Market Runner: Pampa Energia S.A. (ADR)'s Stock Is Buy After Making 52 Week High

The stock of Pampa Energia S.A. (ADR) (NYSE:PAM) hit a new 52-week high and has $44.10 target or 30.00% above today’s $33.92 share price. The 8 months bullish chart indicates low risk for the $2.31B company. The 1-year high was reported on Oct, 19 by If the $44.10 price target is reached, the company will be worth $693.00M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 168,708 shares traded hands. Pampa Energia S.A. (ADR) (NYSE:PAM) has risen 57.61% since March 16, 2016 and is uptrending. It has outperformed by 52.07% the S&P500.

Analysts await Pampa Energia S.A. (ADR) (NYSE:PAM) to report earnings on November, 10.

According to Zacks Investment Research, “Pampa Energía S.A. is the largest fully integrated electricity company in Argentina. Through its subsidiaries, the Company is engaged in the generation, transmission and distribution of electricity in Argentina.”

More notable recent Pampa Energia S.A. (ADR) (NYSE:PAM) news were published by: which released: “Quotes are delayed by 20 min” on December 21, 2009, also with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 14, 2011, published: “Here’s How $1.2 Deal with Pampa Energia Will Ease Petrobras’ Tension” on March 03, 2016. More interesting news about Pampa Energia S.A. (ADR) (NYSE:PAM) were released by: and their article: “Pampa Energia: New Argentinian ADR in Town” published on October 12, 2009 as well as‘s news article titled: “Petroleo Brasileiro SA Petrobras (ADR) Divests Assets in Argentina, Chile” with publication date: May 04, 2016.

PAM Company Profile

Pampa Energia S.A., incorporated on February 21, 1945, is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. The Company’s divisions include generation, transmission, distribution, gas and oil, and holding and others. The Company’s generation segment includes a direct and indirect equity interest in Central Piedra Buena S.A. (Piedra Buena), Central Termica Guemes S.A. (Guemes), Central Termica Loma de la Lata S.A. (Loma la Lata), Hidroelectrica los Nihuiles S.A. (HINISA), Hidroelectrica Diamante S.A. (HIDISA), Pampa Comercializadora S.A and investments in shares in other companies related to the electricity generation sector. The Company’s transmission segment includes an indirect equity interest through Compania Inversora en Transmision Electrica Citelec S.A. (Citelec) in Transener and its subsidiaries. The Company’s distribution segment includes an indirect equity interest in Electricidad Argentina S.A. (EASA) and Empresa Distribuidora y Comercializadora Norte S.A. (Edenor). The Company’s Oil and gas segment includes a direct interest in Petrolera Pampa S.A. (Petrolera Pampa), which is focused on exploration and exploitation of gas and oil. The Company’s holding and others segment includes financial investment operations, holding activities and other businesses.

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