Pampa Energia (PAM) Stock Price Up 8.7%

Pampa Energia S.A. (NYSE:PAM)’s share price rose 8.7% on Tuesday . The stock traded as high as $25.20 and last traded at $25.11. Approximately 681,250 shares changed hands during trading, an increase of 33% from the average daily volume of 512,712 shares. The stock had previously closed at $23.09.

PAM has been the topic of several recent analyst reports. ValuEngine cut Pampa Energia from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st. Zacks Investment Research cut Pampa Energia from a “hold” rating to a “strong sell” rating in a report on Thursday, February 14th. Two equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. Pampa Energia currently has an average rating of “Hold” and a consensus target price of $42.50.

The company has a market cap of $1.66 billion, a P/E ratio of -16.41 and a beta of 0.60. The company has a quick ratio of 1.17, a current ratio of 1.34 and a debt-to-equity ratio of 0.97.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PAM. Victory Capital Management Inc. bought a new stake in Pampa Energia in the 4th quarter valued at approximately $69,000. NumerixS Investment Technologies Inc bought a new stake in shares of Pampa Energia during the 4th quarter worth approximately $106,000. Barclays PLC bought a new stake in shares of Pampa Energia during the 4th quarter worth approximately $124,000. Virtu Financial LLC bought a new stake in shares of Pampa Energia during the 1st quarter worth approximately $213,000. Finally, Fort Sheridan Advisors LLC bought a new stake in shares of Pampa Energia during the 1st quarter worth approximately $252,000. Hedge funds and other institutional investors own 35.74% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Pampa Energia (PAM) Stock Price Up 8.7%” was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The legal version of this piece of content can be viewed at https://www.com-unik.info/2019/05/21/pampa-energia-pam-stock-price-up-8-7.html.

Pampa Energia Company Profile (NYSE:PAM)

Pampa Energía SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.

Featured Story: What are different types of coverage ratios?

Receive News & Ratings for Pampa Energia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pampa Energia and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit