Traders Purchase High Volume of Put Options on YPF Sociedad Anonima (YPF)
YPF Sociedad Anonima (NYSE:YPF) was the target of some unusual options trading activity on Wednesday. Investors purchased 939 put options on the company, AR Network reports. This is an increase of 212% compared to the average volume of 301 put options.
A number of research firms have recently commented on YPF. Analysts at TheStreet upgraded shares of YPF Sociedad Anonima from a “hold” rating to a “buy” rating in a research note on Friday, May 30th. Separately, analysts at Zacks upgraded shares of YPF Sociedad Anonima from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 21st. They now have a $30.30 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of YPF Sociedad Anonima in a research note on Monday, May 19th. They set a “neutral” rating on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $39.65.
YPF Sociedad Anonima (NYSE:YPF) traded up 1.27% on Wednesday, hitting $33.41. 1,830,406 shares of the company’s stock traded hands. YPF Sociedad Anonima has a 52-week low of $13.75 and a 52-week high of $34.24. The stock has a 50-day moving average of $29.79 and a 200-day moving average of $29.1. The company has a market cap of $13.099 billion and a P/E ratio of 15.59.
YPF Sociedad Anonima (NYSE:YPF) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $0.91 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.21. Analysts expect that YPF Sociedad Anonima will post $2.74 EPS for the current fiscal year.
YPF Sociedad Anonima (NYSE:YPF) is an integrated oil and gas company.
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