Central Puerto (NYSE:CEPU) Reaches New 1-Year High at $3.33

Central Puerto S.A. (NYSE:CEPU)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.33 and last traded at $3.33, with a volume of 9124 shares changing hands. The stock had previously closed at $3.14.

Separately, Zacks Investment Research raised Central Puerto from a “sell” rating to a “hold” rating in a report on Tuesday, July 13th.

The stock has a fifty day moving average of $2.63 and a 200-day moving average of $2.39. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $507.20 million, a P/E ratio of -334.67, a PEG ratio of 0.06 and a beta of 1.59.

Central Puerto (NYSE:CEPU) last released its quarterly earnings results on Wednesday, August 11th. The company reported ($0.09) earnings per share (EPS) for the quarter. Central Puerto had a negative net margin of 0.37% and a positive return on equity of 2.82%. The business had revenue of $130.44 million during the quarter. As a group, analysts forecast that Central Puerto S.A. will post 1.25 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the business. Citadel Advisors LLC raised its holdings in Central Puerto by 78.5% during the 1st quarter. Citadel Advisors LLC now owns 29,932 shares of the company’s stock worth $67,000 after purchasing an additional 13,164 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of Central Puerto during the 1st quarter worth about $46,000. Goldman Sachs Group Inc. acquired a new position in shares of Central Puerto during the 1st quarter worth about $30,000. Susquehanna International Group LLP grew its position in shares of Central Puerto by 970.6% during the 2nd quarter. Susquehanna International Group LLP now owns 149,640 shares of the company’s stock worth $383,000 after buying an additional 135,663 shares during the period. Finally, Ergoteles LLC acquired a new position in shares of Central Puerto during the 2nd quarter worth about $63,000. 1.42% of the stock is owned by hedge funds and other institutional investors.

About Central Puerto (NYSE:CEPU)

Central Puerto SA engages in the generation and distribution of electricity. It operates through the following segments: Electric Power Generation from Conventional Sources; Electric Power Generation from Renewable Sources; Natural Gas Transport and Distribution; and Others. The Natural Gas Transport and Distribution segment provides natural gas distribution public sector service in the Cuyo and Centro regions of Argentina and it is also engaged in the natural gas transport sector service.

Further Reading: Market Perform

Receive News & Ratings for Central Puerto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Puerto and related companies with MarketBeat.com's FREE daily email newsletter.