Central Puerto (NYSE:CEPU) Sets New 52-Week High at $9.85

Central Puerto S.A. (NYSE:CEPUGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $9.85 and last traded at $9.75, with a volume of 152575 shares traded. The stock had previously closed at $9.30.

Central Puerto Trading Up 4.6 %

The firm’s 50-day simple moving average is $8.69 and its 200-day simple moving average is $7.86. The firm has a market capitalization of $1.47 billion, a PE ratio of 3.92 and a beta of 1.43. The company has a quick ratio of 2.42, a current ratio of 2.65 and a debt-to-equity ratio of 0.16.

Central Puerto (NYSE:CEPUGet Free Report) last posted its quarterly earnings results on Monday, March 11th. The company reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $2.66. Central Puerto had a return on equity of 25.37% and a net margin of 50.95%. The business had revenue of $193.03 million for the quarter. During the same quarter in the previous year, the business earned $0.96 earnings per share. Equities analysts expect that Central Puerto S.A. will post 0.33 earnings per share for the current year.

Central Puerto Cuts Dividend

The firm also recently announced a — dividend, which was paid on Friday, January 12th. Investors of record on Friday, January 1st were paid a $0.0662 dividend. The ex-dividend date of this dividend was Friday, January 12th. This represents a dividend yield of 2.1%. Central Puerto’s payout ratio is presently 8.02%.

Institutional Trading of Central Puerto

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simplex Trading LLC boosted its position in Central Puerto by 1,441.0% during the 4th quarter. Simplex Trading LLC now owns 2,910 shares of the company’s stock valued at $26,000 after acquiring an additional 3,127 shares in the last quarter. Renaissance Technologies LLC lifted its position in Central Puerto by 20.4% during the 4th quarter. Renaissance Technologies LLC now owns 45,700 shares of the company’s stock valued at $271,000 after acquiring an additional 7,750 shares during the period. Hsbc Holdings PLC boosted its stake in 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 in the last quarter. Susquehanna International Group LLP bought a new stake in Central Puerto during the fourth quarter worth about $66,000. Finally, Envestnet Asset Management Inc. raised its stake in Central Puerto by 83.6% during the second quarter. Envestnet Asset Management Inc. now owns 30,697 shares of the company’s stock valued at $94,000 after buying an additional 13,979 shares during the last quarter. Hedge funds and other institutional investors own 2.97% of the company’s stock.

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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