YPF Sociedad Anónima (NYSE:YPF) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of YPF Sociedad Anónima (NYSE:YPF) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.79 and traded as high as $56.09. YPF Sociedad Anónima shares last traded at $54.9520, with a volume of 2,236,828 shares trading hands.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Morgan Stanley raised shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Zacks Research raised shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Wall Street Zen raised shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research report on Monday, March 2nd. Finally, UBS Group increased their price objective on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.00.

YPF Sociedad Anónima Stock Performance

The business’s fifty day moving average price is $45.38 and its 200-day moving average price is $39.79. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94. The stock has a market cap of $21.61 billion, a PE ratio of -52.84 and a beta of 1.24.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.20. The firm had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. As a group, equities research analysts forecast that YPF Sociedad Anónima will post 6.96 EPS for the current fiscal year.

Insider Transactions at YPF Sociedad Anónima

In related news, VP Mauricio Alejandro Martin sold 3,430 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total value of $149,548.00. Following the transaction, the vice president owned 14 shares of the company’s stock, valued at approximately $610.40. This trade represents a 99.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total transaction of $554,675.59. Following the completion of the transaction, the vice president directly owned 101 shares in the company, valued at approximately $4,404.61. The trade was a 99.21% decrease in their position. The SEC filing for this sale provides additional information.

Hedge Funds Weigh In On YPF Sociedad Anónima

Institutional investors and hedge funds have recently made changes to their positions in the business. Global Trust Asset Management LLC purchased a new position in shares of YPF Sociedad Anónima in the fourth quarter worth approximately $43,000. Sunbelt Securities Inc. boosted its holdings in shares of YPF Sociedad Anónima by 488.3% in the third quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 1,123 shares during the last quarter. Bayforest Capital Ltd purchased a new position in shares of YPF Sociedad Anónima in the fourth quarter worth approximately $59,000. Rakuten Securities Inc. boosted its holdings in shares of YPF Sociedad Anónima by 13.7% in the fourth quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after buying an additional 314 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of YPF Sociedad Anónima by 58.8% in the third quarter. Hantz Financial Services Inc. now owns 3,034 shares of the oil and gas exploration company’s stock worth $74,000 after buying an additional 1,123 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima 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.