YPF Sociedad Anónima (NYSE:YPF) Sees Strong Trading Volume – Should You Buy?

Shares of YPF Sociedad Anónima (NYSE:YPF) saw strong trading volume on Wednesday . 701,057 shares traded hands during trading, a decline of 68% from the previous session’s volume of 2,163,186 shares.The stock last traded at $39.91 and had previously closed at $40.03.

Analyst Ratings Changes

Several equities analysts have commented on YPF shares. JPMorgan Chase & Co. increased their price target on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Bank of America lifted their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, September 18th. Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their price target for the company from $33.00 to $44.00 in a report on Wednesday. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their target price for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, YPF Sociedad Anónima currently has an average rating of “Hold” and an average target price of $28.94.

YPF Sociedad Anónima Trading Down 0.8 %

The firm has a market cap of $15.62 billion, a P/E ratio of 20.06, a PEG ratio of 0.14 and a beta of 1.78. The company’s 50 day moving average is $27.22 and its two-hundred day moving average is $23.38. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.

Institutional Trading of YPF Sociedad Anónima

Institutional investors have recently modified their holdings of the company. Blue Trust Inc. acquired a new position in shares of YPF Sociedad Anónima in the second quarter valued at $26,000. Ashton Thomas Private Wealth LLC bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth about $63,000. Activest Wealth Management acquired a new stake in shares of YPF Sociedad Anónima during the 3rd quarter valued at about $144,000. SG Americas Securities LLC bought a new stake in YPF Sociedad Anónima in the second quarter valued at about $185,000. Finally, Deltec Asset Management LLC acquired a new position in YPF Sociedad Anónima in the third quarter worth about $201,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.