Transportadora de Gas del Sur SA TGS Looks to Continue to Trade Above its Annual-High Share Price Today

Shares of Transportadora de Gas del Sur SA TGS (NYSE:TGS) traded at a new 52-week high today of $7.92. This new high was reached on below average trading volume as 77,000 shares traded hands, while the average 30-day volume is approximately 138,000 shares.

Transportadora de Gas del Sur SA TGS (NYSE:TGS) is currently priced 21.7% above its average consensus analyst price target of $6.08.

Over the past year, Transportadora de Gas del Sur SA TGS has traded in a range of $4.05 to $7.92 and is now at $7.76, 92% above that low.

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company’s operating segments include Natural Gas Transportation, Liquids Production and Commercialization, Other Services including midstream, Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of revenue from Argentina.

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