Central Puerto (NYSE:CEPU) Stock Price Down 5.6%

Central Puerto S.A. (NYSE:CEPU) traded down 5.6% during mid-day trading on Monday . The company traded as low as $8.50 and last traded at $8.56. 158,424 shares were traded during trading, a decline of 53% from the average session volume of 339,746 shares. The stock had previously closed at $9.07.

Central Puerto Price Performance

The company has a market capitalization of $1.28 billion, a PE ratio of 3.33 and a beta of 1.39. The company has a current ratio of 2.00, a quick ratio of 1.86 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $9.80 and a 200-day simple moving average of $9.25.

Central Puerto (NYSE:CEPU) last announced its quarterly earnings results on Monday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. Central Puerto had a return on equity of 22.42% and a net margin of 54.47%. The firm had revenue of $150.12 million during the quarter. Equities analysts anticipate that Central Puerto S.A. will post 0.33 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new stake in Central Puerto in the first quarter valued at $29,000. Simplex Trading LLC lifted its holdings in shares of Central Puerto by 1,441.0% in the 4th quarter. Simplex Trading LLC now owns 2,910 shares of the company’s stock valued at $26,000 after purchasing an additional 3,127 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Central Puerto by 5.6% in the 3rd quarter. Hsbc Holdings PLC now owns 175,393 shares of the company’s stock valued at $1,030,000 after purchasing an additional 9,366 shares during the period. Autonomy Capital Jersey L.P. boosted its position in shares of Central Puerto by 2.8% in the 3rd quarter. Autonomy Capital Jersey L.P. now owns 760,000 shares of the company’s stock valued at $4,423,000 after purchasing an additional 20,925 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Central Puerto during the 3rd quarter worth approximately $233,000. 2.97% of the stock is owned by hedge funds and other institutional investors.

About Central Puerto

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.