YPF Sociedad Anonima (NYSE:YPF) Stock Passes Above 200 Day Moving Average – Here’s Why

YPF Sociedad Anonima (NYSE:YPF)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.05 and traded as high as $37.98. YPF Sociedad Anonima shares last traded at $37.4350, with a volume of 870,953 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on YPF shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating on the stock in a research report on Friday, October 17th. Zacks Research lowered shares of YPF Sociedad Anonima from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen upgraded shares of YPF Sociedad Anonima from a “sell” rating to a “hold” rating in a research note on Saturday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anonima has an average rating of “Hold” and a consensus price target of $41.67.

YPF Sociedad Anonima Stock Up 0.3%

The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 0.71. The business’s 50 day simple moving average is $36.22 and its 200 day simple moving average is $33.05. The firm has a market capitalization of $14.72 billion, a PE ratio of -31.72 and a beta of 1.43.

Institutional Trading of YPF Sociedad Anonima

A number of hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of YPF Sociedad Anonima by 194.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,898,315 shares of the oil and gas exploration company’s stock valued at $154,052,000 after purchasing an additional 3,237,154 shares during the last quarter. VR Advisory Services Ltd lifted its position in shares of YPF Sociedad Anonima by 5.9% during the 3rd quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after buying an additional 200,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in YPF Sociedad Anonima by 55.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock valued at $106,282,000 after purchasing an additional 1,208,440 shares in the last quarter. Ping Capital Management Inc. boosted its holdings in YPF Sociedad Anonima by 36.1% in the 3rd quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock worth $48,993,000 after buying an additional 534,800 shares during the last quarter. Finally, North of South Capital LLP boosted its stake in shares of YPF Sociedad Anonima by 3.1% in the fourth quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock worth $60,401,000 after acquiring an additional 50,395 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anonima Company Profile

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.