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Central Puerto S.A. (NYSE:CEPU) Short Interest Update

Sunday, October 18, 2020 | MarketBeat

Central Puerto S.A. (NYSE:CEPU) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 787,800 shares, a growth of 32.7% from the September 15th total of 593,600 shares. Based on an average trading volume of 122,000 shares, the short-interest ratio is presently 6.5 days.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sei Investments Co. acquired a new stake in Central Puerto in the 2nd quarter valued at about $85,000. Blue Rock Advisors LLC boosted its stake in shares of Central Puerto by 25.9% in the 2nd quarter. Blue Rock Advisors LLC now owns 88,211 shares of the company's stock valued at $224,000 after purchasing an additional 18,167 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Central Puerto in the 2nd quarter valued at about $28,000. State Street Corp boosted its stake in shares of Central Puerto by 4.8% in the 1st quarter. State Street Corp now owns 297,242 shares of the company's stock valued at $669,000 after purchasing an additional 13,726 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Central Puerto in the 1st quarter valued at about $87,000. Hedge funds and other institutional investors own 3.84% of the company's stock.

Shares of Central Puerto stock traded up $0.02 during mid-day trading on Friday, reaching $2.23. 66,915 shares of the stock were exchanged, compared to its average volume of 184,415. The company has a market cap of $337.63 million, a price-to-earnings ratio of 2.25 and a beta of 1.46. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.50. The firm has a 50-day simple moving average of $2.29 and a 200 day simple moving average of $2.53. Central Puerto has a fifty-two week low of $1.86 and a fifty-two week high of $5.50.

Central Puerto (NYSE:CEPU) last announced its earnings results on Wednesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $106.44 million during the quarter. Central Puerto had a net margin of 23.16% and a return on equity of 12.48%. On average, research analysts predict that Central Puerto will post 0.45 EPS for the current fiscal year.

Separately, ValuEngine downgraded shares of Central Puerto from a "hold" rating to a "sell" rating in a report on Monday, August 3rd.

Central Puerto Company Profile

Central Puerto SA generates and sells electric power to private and public customers in Argentina. It also produces steam. As of December 31, 2018, the company owned and operated five thermal generation plants, one hydroelectric generation plant, and two wind farms with a total installed capacity of 3,810 MW.

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