Large Outflow of Money Witnessed in Transportadora De Gas Sa Ord B

Transportadora De Gas Sa Ord B (TGS) : Mondays money flow analysis of Transportadora De Gas Sa Ord B (TGS) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $3.5 million. In comparison, the inflow of money on upticks was a meager $0.79 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.71 million. The uptick to downtick ratio of 0.23 in the money flow shows weakness. The uptick block trades were valued at $0.64 million. The downtick transaction value was high at $3.43 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.19. Hence, the net money flow in the stock was negative ($2.79 million). Transportadora De Gas Sa Ord B (TGS) gained $0.06 at $6.56, a change of 0.92% over the previous days close.


Transportadora de Gas Del Sur S.A. has dropped 0.46% during the last 3-month period . Year-to-Date the stock performance stands at 6.73%. Transportadora de Gas Del Sur S.A. has lost 0.61% in the last five trading days and dropped 0.31% in the last 4 weeks.

Transportadora De Gas Sa Ord B (NYSE:TGS): The stock was completely flat for the day, closing at $6.50 on Monday. The flat closing masks the intraday volatility in the stock. After opening at $6.52, the stock touched an intraday high of $6.69 and a low of $6.36. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $6.50. The total trading volume on Monday was 738,984.

Transportadora de Gas del Sur SA, (TGS), is an Argentina-based company engaged in the exploitation, distribution and commercialization of natural gas. The Company operates in three segments: natural gas transportation, natural gas liquid production and commercialization, and midstream services and telecommunications. Its pipeline system connects gas reserves located in southern and western Argentina to the Greater Buenos Aires area. The Company also renders support services, such as gas treatment, removal of impurities from the natural gas stream, gas compression, wellhead gas gathering; as well as pipeline construction, operation, and maintenance services.

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