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.
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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.
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