Pampa Energia S.A. (NYSE:PAM)’s share price was up 8.7% during mid-day trading on Tuesday . The stock traded as high as $25.20 and last traded at $25.11. Approximately 681,250 shares traded hands during trading, an increase of 33% from the average daily volume of 512,712 shares. The stock had previously closed at $23.09.
Several equities analysts have recently issued reports on PAM shares. Zacks Investment Research upgraded shares of Pampa Energia from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a report on Thursday, May 2nd. ValuEngine upgraded shares of Pampa Energia from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $42.50.
The firm has a market cap of $1.83 billion, a PE ratio of -16.50 and a beta of 0.60. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.20 and a current ratio of 1.34.
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About Pampa Energia (NYSE:PAM)
Pampa Energía SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.
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