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

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 $26.85 and traded as high as $43.24. YPF Sociedad Anónima shares last traded at $42.51, with a volume of 877,713 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their target price for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Wednesday, December 25th. UBS Group reaffirmed a “neutral” rating and set a $38.00 price target (up from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. Finally, JPMorgan Chase & Co. lifted their price target on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, YPF Sociedad Anónima has an average rating of “Hold” and a consensus target price of $34.23.

YPF Sociedad Anónima Stock Performance

The firm has a market cap of $17.45 billion, a P/E ratio of 22.40, a PEG ratio of 0.13 and a beta of 1.94. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The firm has a fifty day moving average of $36.79 and a 200-day moving average of $26.97.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. grew its holdings in YPF Sociedad Anónima by 58.4% during the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after acquiring an additional 771 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of YPF Sociedad Anónima during the second quarter worth $63,000. GAMMA Investing LLC increased its holdings in YPF Sociedad Anónima by 130.3% in the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock valued at $94,000 after purchasing an additional 1,251 shares during the last quarter. Activest Wealth Management acquired a new position in YPF Sociedad Anónima in the third quarter valued at about $144,000. Finally, Deltec Asset Management LLC bought a new position in YPF Sociedad Anónima during the third quarter worth about $201,000. 10.08% of the stock is owned by institutional investors.

About YPF Sociedad Anónima

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.