CENT PUERTO S A/S (NYSE:CEPU)’s stock price dropped 6.2% during trading on Monday . The company traded as low as $3.50 and last traded at $3.61, approximately 656,192 shares were traded during mid-day trading. An increase of 87% from the average daily volume of 351,628 shares. The stock had previously closed at $3.85.
CEPU has been the topic of a number of research reports. ValuEngine raised shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research upgraded shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a research note on Thursday. JPMorgan Chase & Co. lowered shares of CENT PUERTO S A/S from an “overweight” rating to a “neutral” rating in a research note on Thursday. Morgan Stanley lowered shares of CENT PUERTO S A/S from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 13th. Finally, Bank of America lowered shares of CENT PUERTO S A/S from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $20.00 to $7.50 in a research note on Tuesday, August 13th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $8.75.
The business’s 50-day moving average price is $8.27 and its 200 day moving average price is $8.87. The stock has a market capitalization of $554.12 million, a PE ratio of 0.89 and a beta of 0.64. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.15 and a current ratio of 1.20.
CENT PUERTO S A/S Company Profile (NYSE:CEPU)
Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.
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