Pampa Energia S.A. (NYSE:PAM) was the target of some unusual options trading on Wednesday. Traders purchased 5,096 call options on the company. This represents an increase of 913% compared to the average daily volume of 503 call options.

Shares of Pampa Energia stock opened at $25.72 on Thursday. The company has a market capitalization of $1.83 billion, a P/E ratio of -16.81 and a beta of 0.60. Pampa Energia has a fifty-two week low of $19.50 and a fifty-two week high of $53.30. The company has a quick ratio of 1.20, a current ratio of 1.34 and a debt-to-equity ratio of 0.97.

A number of equities research analysts have recently issued reports on the company. ValuEngine lowered Pampa Energia from a “hold” rating to a “sell” rating in a research report on Tuesday, May 14th. Zacks Investment Research lowered Pampa Energia from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 9th. Two research analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $42.50.

Institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. purchased a new position in Pampa Energia in the fourth quarter worth approximately $69,000. NumerixS Investment Technologies Inc purchased a new position in Pampa Energia in the fourth quarter worth approximately $106,000. Barclays PLC purchased a new position in Pampa Energia in the fourth quarter worth approximately $124,000. Virtu Financial LLC purchased a new position in Pampa Energia in the first quarter worth approximately $213,000. Finally, Fort Sheridan Advisors LLC acquired a new position in Pampa Energia during the first quarter worth $252,000. Institutional investors own 36.39% of the company’s stock.

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About Pampa Energia

Pampa EnergĂ­a 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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