Transportadora de Gas del Sur (TGS) to Release Quarterly Earnings on Monday

Transportadora de Gas del Sur (NYSE:TGS) is anticipated to announce its earnings results before the market opens on Monday, March 3rd. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Transportadora de Gas del Sur Stock Performance

Shares of NYSE TGS opened at $25.12 on Friday. Transportadora de Gas del Sur has a one year low of $11.81 and a one year high of $34.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 23.25 and a beta of 0.78. The stock’s fifty day moving average price is $28.71 and its two-hundred day moving average price is $24.92.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TGS shares. StockNews.com raised shares of Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 19th. Citigroup initiated coverage on shares of Transportadora de Gas del Sur in a report on Wednesday, February 12th. They set a “buy” rating and a $35.00 target price on the stock.

About Transportadora de Gas del Sur

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.