Traders Buy Large Volume of Pampa Energia Call Options (PAM)
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.
WARNING: “Traders Buy Large Volume of Pampa Energia Call Options (PAM)” was posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://theolympiareport.com/2019/05/23/traders-buy-large-volume-of-pampa-energia-call-options-pam.html.
About Pampa Energia
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.
Receive News & Ratings for Pampa Energia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pampa Energia and related companies with MarketBeat.com's FREE daily email newsletter.