CENT PUERTO S A/S (NYSE:CEPU) Trading 6.9% Higher

Shares of CENT PUERTO S A/S (NYSE:CEPU) traded up 6.9% on Tuesday . The stock traded as high as $3.48 and last traded at $3.43, 201,100 shares traded hands during mid-day trading. A decline of 45% from the average session volume of 364,005 shares. The stock had previously closed at $3.21.

Several research analysts have recently weighed in on the stock. Morgan Stanley downgraded shares of CENT PUERTO S A/S from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. downgraded shares of CENT PUERTO S A/S from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 15th. Zacks Investment Research upgraded shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th. ValuEngine upgraded shares of CENT PUERTO S A/S from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Finally, Bank of America downgraded shares of CENT PUERTO S A/S from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $20.00 to $7.50 in a research note on Tuesday, August 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. CENT PUERTO S A/S currently has an average rating of “Hold” and a consensus target price of $8.75.

The company has a current ratio of 1.20, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $492.06 million, a P/E ratio of 0.84 and a beta of 1.15. The stock’s 50 day simple moving average is $3.03 and its 200 day simple moving average is $6.12.

CENT PUERTO S A/S (NYSE:CEPU) last posted its quarterly earnings data on Monday, August 12th. The company reported $0.18 EPS for the quarter. CENT PUERTO S A/S had a net margin of 20.64% and a return on equity of 13.79%. The firm had revenue of $132.55 million for the quarter, compared to the consensus estimate of $137.29 million. On average, sell-side analysts expect that CENT PUERTO S A/S will post 1.6 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Deltec Asset Management LLC boosted its stake in CENT PUERTO S A/S by 19.6% during the 3rd quarter. Deltec Asset Management LLC now owns 45,800 shares of the company’s stock valued at $135,000 after acquiring an additional 7,500 shares during the last quarter. Provida Pension Fund Administrator bought a new position in CENT PUERTO S A/S during the 2nd quarter valued at $2,750,000. Atria Investments LLC bought a new position in CENT PUERTO S A/S during the 2nd quarter valued at $320,000. Susquehanna Fundamental Investments LLC boosted its stake in CENT PUERTO S A/S by 266.2% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 84,600 shares of the company’s stock valued at $784,000 after acquiring an additional 61,501 shares during the last quarter. Finally, Pictet Asset Management Ltd. bought a new position in CENT PUERTO S A/S during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 7.88% of the company’s stock.

CENT PUERTO S A/S Company Profile (NYSE:CEPU)

Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.

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