YPF Sociedad Anonima (NYSE:YPF) Shares Pass Above 200-Day Moving Average – Here’s Why

YPF Sociedad Anonima (NYSE:YPF) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $32.79 and traded as high as $39.15. YPF Sociedad Anonima shares last traded at $37.4790, with a volume of 1,310,755 shares changing hands.

Analyst Ratings Changes

Several research firms have recently commented on YPF. Zacks Research downgraded shares of YPF Sociedad Anonima from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. reduced their price target on shares of YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Friday, October 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of YPF Sociedad Anonima in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anonima Stock Down 5.1%

The business has a 50-day moving average price of $36.01 and a 200 day moving average price of $32.79. 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 stock has a market capitalization of $14.74 billion, a P/E ratio of -31.76, a P/E/G ratio of 0.35 and a beta of 1.43.

YPF Sociedad Anonima (NYSE:YPF) last released its quarterly earnings results on Friday, November 7th. The oil and gas exploration company reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($1.35). YPF Sociedad Anonima had a negative net margin of 2.45% and a positive return on equity of 2.88%. The business had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $4.55 billion. On average, equities analysts expect that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in YPF Sociedad Anonima by 194.9% in the second quarter. JPMorgan Chase & Co. now owns 4,898,315 shares of the oil and gas exploration company’s stock worth $154,052,000 after acquiring an additional 3,237,154 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 during the period. Ping Capital Management Inc. lifted its stake in shares of 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 valued at $48,993,000 after purchasing an additional 534,800 shares during the last quarter. UBS Group AG boosted its holdings in shares of YPF Sociedad Anonima by 125.2% in the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after purchasing an additional 362,155 shares during the period. Finally, Bank of America Corp DE increased its position in shares of YPF Sociedad Anonima by 161.2% during the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after purchasing an additional 350,842 shares during the last quarter. 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.