Pampa Energía (NYSE:PAM) Stock Crosses Above 200-Day Moving Average of $31.75

Pampa Energía S.A. (NYSE:PAM – Get Rating) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $31.75 and traded as high as $37.59. Pampa Energía shares last traded at $36.29, with a volume of 179,549 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Pampa Energía from a “buy” rating to a “strong-buy” rating in a report on Tuesday, May 16th.

Pampa Energía Stock Performance

The company has a market cap of $2.01 billion, a P/E ratio of 4.01 and a beta of 0.78. The stock has a 50 day moving average price of $33.68 and a two-hundred day moving average price of $31.75. The company has a quick ratio of 1.74, a current ratio of 2.01 and a debt-to-equity ratio of 0.55.

Pampa Energía (NYSE:PAM – Get Rating) last issued its quarterly earnings data on Thursday, March 9th. The utilities provider reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $1.45. Pampa Energía had a return on equity of 21.01% and a net margin of 26.95%. The firm had revenue of $448.00 million for the quarter, compared to analyst estimates of $420.94 million. On average, research analysts predict that Pampa Energía S.A. will post 5.91 earnings per share for the current fiscal year.

Institutional Trading of Pampa Energía

A number of institutional investors have recently bought and sold shares of PAM. Helikon Investments Ltd grew its holdings in shares of Pampa Energía by 164.1% during the 1st quarter. Helikon Investments Ltd now owns 498,913 shares of the utilities provider’s stock worth $16,454,000 after purchasing an additional 310,014 shares in the last quarter. PointState Capital LP lifted its position in Pampa Energía by 10.2% during the third quarter. PointState Capital LP now owns 488,920 shares of the utilities provider’s stock worth $11,133,000 after purchasing an additional 45,436 shares during the period. Morgan Stanley grew its stake in Pampa Energía by 174.2% during the fourth quarter. Morgan Stanley now owns 400,081 shares of the utilities provider’s stock worth $12,779,000 after buying an additional 254,193 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Pampa Energía by 2,210.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 314,905 shares of the utilities provider’s stock valued at $959,000 after buying an additional 301,278 shares during the period. Finally, Autonomy Capital Jersey L.P. increased its holdings in Pampa Energía by 27.4% in the 4th quarter. Autonomy Capital Jersey L.P. now owns 270,819 shares of the utilities provider’s stock valued at $8,650,000 after buying an additional 58,250 shares during the period. Institutional investors own 12.10% of the company’s stock.

About Pampa Energía

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Pampa Energía SA engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Electricity Generation, Distribution of Energy, Oil and Gas, Petrochemicals, and Holding and Others. The Electricity Generation segment includes electricity generation activities through the operation of hydro and thermal power plants as well as wind farms.