Central Puerto (NYSE:CEPU) Shares Down 2.1%

Shares of Central Puerto S.A. (NYSE:CEPU) dropped 2.1% during trading on Friday . The stock traded as low as $9.08 and last traded at $9.12. Approximately 25,703 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 330,967 shares. The stock had previously closed at $9.32.

Central Puerto Stock Performance

The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 3.67 and a beta of 1.38. The stock’s 50 day moving average is $9.58 and its two-hundred day moving average is $9.24. The company has a current ratio of 2.00, a quick ratio of 1.86 and a debt-to-equity ratio of 0.22.

Central Puerto (NYSE:CEPU) last released its 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 business had revenue of $150.12 million for the quarter. Analysts anticipate that Central Puerto S.A. will post 0.33 earnings per share for the current fiscal year.

Institutional Trading of Central Puerto

A number of institutional investors have recently modified their holdings of CEPU. Glenorchy Capital Ltd purchased a new stake in shares of Central Puerto during the 4th quarter worth $3,162,000. Mirae Asset Global Investments Co. Ltd. grew its position in Central Puerto by 43.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 513,306 shares of the company’s stock worth $4,671,000 after buying an additional 155,657 shares during the period. Anthracite Investment Company Inc. purchased a new position in Central Puerto in the fourth quarter valued at about $592,000. Hsbc Holdings PLC boosted its stake in shares of Central Puerto by 17.8% during the 4th quarter. Hsbc Holdings PLC now owns 206,552 shares of the company’s stock worth $1,896,000 after acquiring an additional 31,159 shares in the last quarter. Finally, Simplex Trading LLC grew 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 worth $26,000 after acquiring an additional 3,127 shares during the period. 2.97% of the stock is currently owned by hedge funds and other institutional investors.

Central Puerto Company Profile

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.