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

Central Puerto S.A. (NYSE:CEPU) shares 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 changed hands during mid-day 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 quick ratio of 1.86, a current ratio of 2.00 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.28 billion, a PE ratio of 3.33 and a beta of 1.39. The firm’s 50 day simple moving average is $9.80 and its 200 day simple moving average is $9.25.

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

Hedge Funds Weigh In On Central Puerto

A number of large investors have recently bought and sold shares of CEPU. BNP Paribas Financial Markets bought a new stake in shares of Central Puerto during the first quarter worth $29,000. Simplex Trading LLC grew its stake in 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 in the last quarter. Hsbc Holdings PLC increased its position in shares of Central Puerto by 5.6% during the third quarter. Hsbc Holdings PLC now owns 175,393 shares of the company’s stock worth $1,030,000 after acquiring an additional 9,366 shares during the period. Autonomy Capital Jersey L.P. raised its stake in shares of Central Puerto by 2.8% during the third quarter. Autonomy Capital Jersey L.P. now owns 760,000 shares of the company’s stock valued at $4,423,000 after acquiring an additional 20,925 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Central Puerto in the third quarter valued at approximately $233,000. Hedge funds and other institutional investors own 2.97% of the company’s stock.

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.