YPF Sociedad Anónima (NYSE:YPF) Sees Unusually-High Trading Volume – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) saw unusually-strong trading volume on Wednesday . Approximately 701,057 shares changed hands during mid-day trading, a decline of 68% from the previous session’s volume of 2,163,186 shares.The stock last traded at $39.91 and had previously closed at $40.03.

Wall Street Analyst Weigh In

YPF has been the subject of a number of research reports. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. JPMorgan Chase & Co. raised their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their target price for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $33.00 to $44.00 in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima has a consensus rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Stock Down 0.4 %

The stock has a market cap of $15.68 billion, a P/E ratio of 20.22, a price-to-earnings-growth ratio of 0.13 and a beta of 1.78. The company’s fifty day moving average price is $26.90 and its 200-day moving average price is $23.26. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of YPF. Blue Trust Inc. bought a new stake in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $26,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of YPF Sociedad Anónima during the second quarter worth $63,000. Activest Wealth Management purchased a new stake in shares of YPF Sociedad Anónima during the third quarter valued at $144,000. SG Americas Securities LLC bought a new position in shares of YPF Sociedad Anónima in the second quarter worth about $185,000. Finally, Deltec Asset Management LLC bought a new stake in YPF Sociedad Anónima during the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.