Shares of Central Puerto S.A. (NYSE:CEPU - Get Free Report) dropped 5.4% on Tuesday . The stock traded as low as $12.77 and last traded at $12.78. Approximately 212,617 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 479,556 shares. The stock had previously closed at $13.51.
Central Puerto Price Performance
The company's 50 day simple moving average is $14.35 and its 200-day simple moving average is $11.50. The company has a current ratio of 2.13, a quick ratio of 1.97 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 5.70 and a beta of 1.21.
Central Puerto (NYSE:CEPU - Get Free Report) last posted its quarterly earnings data on Monday, November 11th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.19). The business had revenue of $185.00 million for the quarter, compared to analyst estimates of $200.26 million. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. On average, equities research analysts predict that Central Puerto S.A. will post 0.63 earnings per share for the current fiscal year.
Central Puerto Increases Dividend
The business also recently disclosed a -- dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.3954 per share. The ex-dividend date was Friday, November 29th. This represents a dividend yield of 1.4%. This is an increase from Central Puerto's previous -- dividend of $0.07. Central Puerto's dividend payout ratio is currently 12.16%.
Institutional Trading of Central Puerto
Several institutional investors have recently made changes to their positions in the stock. Financial Management Professionals Inc. purchased a new position in Central Puerto in the third quarter valued at approximately $34,000. GAMMA Investing LLC raised its stake in shares of Central Puerto by 62.4% in the 3rd quarter. GAMMA Investing LLC now owns 3,694 shares of the company's stock valued at $35,000 after acquiring an additional 1,420 shares during the period. Verition Fund Management LLC acquired a new position in shares of Central Puerto during the 3rd quarter valued at $121,000. Quadrature Capital Ltd purchased a new stake in Central Puerto during the 3rd quarter worth $122,000. Finally, Virtu Financial LLC acquired a new stake in Central Puerto in the 3rd quarter valued at $157,000. 2.97% of the stock is owned by hedge funds and other institutional investors.
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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