Stock Mover of the Day: What Next for Transportadora de Gas del Sur SA (ADR) Stock After Today’s Big Increase?

Stock Mover of the Day: What Next for Transportadora de Gas del Sur SA (ADR) Stock After Today's Big Increase?

The stock of Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) is a huge mover today! The stock increased 4.03% or $0.3 on November 23, hitting $7.74. About 235,675 shares traded hands or 29.32% up from the average. Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) has risen 14.50% since April 22, 2016 and is uptrending. It has outperformed by 9.09% the S&P500.
The move comes after 9 months positive chart setup for the $624.00M company. It was reported on Nov, 24 by Barchart.com. We have $8.44 PT which if reached, will make NYSE:TGS worth $56.16 million more.

Analysts await Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) to report earnings on February, 22.

Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) Ratings Coverage

Out of 2 analysts covering Transportadora de Gas Del Sur S.A. (NYSE:TGS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Transportadora de Gas Del Sur S.A. has been the topic of 2 analyst reports since October 8, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Raymond James on Tuesday, April 5. The stock of Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) has “Hold” rating given on Thursday, October 8 by Santander.

According to Zacks Investment Research, “Transportadora de Gas del Sur, S.A. transports natural gas in Argentina. The Company’s pipeline systems connect major gas fields in southern and western Argentina with distributors of gas in those areas and in the greater Buenos Aires area. Transportadora’s service area contains approximately 4.7 million end users, including approximately 2.7 milliom in the greater Buenos Aires area.”

More notable recent Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011, also Fool.com with their article: “Is It Time to Buy Argentine ADRs?” published on February 05, 2014, Investorplace.com published: “15 Oil Gas & Consumable Fuels Stocks to Buy Now” on September 30, 2016. More interesting news about Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) were released by: Investorplace.com and their article: “13 Oil and Gas Stocks to Buy Now” published on February 06, 2015 as well as Seekingalpha.com‘s news article titled: “The Complete List of Oil ADR Stocks” with publication date: January 04, 2010.

TGS Company Profile

Transportadora de Gas del Sur S.A. (TGS), incorporated on December 1, 1992, is engaged in the transportation of natural gas, and production and commercialization of natural gas liquids (Liquids). The Firm operates through four divisions: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications. The Company’s pipeline system connects natural gas fields in southern and western Argentina with natural gas distributors and industries in those areas and in the greater Buenos Aires area. TGS also provides midstream services, which consist of gas treatment, removal of impurities from the natural gas stream, gas compression, wellhead gas gathering and pipeline construction, operation and maintenance services. The Firm also provides telecommunications services through the subsidiary Telcosur S.A. (Telcosur). These services consist of data transmission services through a network of terrestrial and digital radio relay.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment