Central Puerto (NYSE:CEPU - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Friday.
Central Puerto Stock Performance
NYSE:CEPU traded down $0.04 during trading hours on Friday, reaching $11.41. The company had a trading volume of 172,682 shares, compared to its average volume of 315,475. Central Puerto has a 1-year low of $7.07 and a 1-year high of $16.60. The firm has a market cap of $1.73 billion, a PE ratio of 20.75 and a beta of 1.09. The business's 50 day moving average price is $12.28 and its 200-day moving average price is $12.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.23 and a quick ratio of 1.13.
Central Puerto (NYSE:CEPU - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.50 earnings per share for the quarter. Central Puerto had a return on equity of 8.93% and a net margin of 12.69%. The business had revenue of $196.00 million during the quarter. Research analysts forecast that Central Puerto will post 0.63 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new stake in Central Puerto in the 1st quarter valued at $434,000. Jane Street Group LLC grew its holdings in Central Puerto by 77.5% in the 1st quarter. Jane Street Group LLC now owns 49,649 shares of the company's stock valued at $551,000 after buying an additional 21,673 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Central Puerto by 4,431.2% in the 1st quarter. NewEdge Advisors LLC now owns 30,540 shares of the company's stock valued at $339,000 after buying an additional 29,866 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Central Puerto by 6.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,423,762 shares of the company's stock valued at $26,880,000 after buying an additional 140,299 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Central Puerto in the 1st quarter valued at $688,000. 2.97% of the stock is owned by institutional investors and hedge funds.
About Central Puerto
(
Get Free Report)
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.
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