CENT PUERTO S A/S (NYSE:CEPU) shares fell 5.5% during mid-day trading on Tuesday . The company traded as low as $7.86 and last traded at $8.04. 692,318 shares were traded during mid-day trading, an increase of 194% from the average session volume of 235,574 shares. The stock had previously closed at $8.51.
A number of research firms have issued reports on CEPU. ValuEngine upgraded shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a report on Thursday, May 9th. Zacks Investment Research upgraded shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a report on Friday, May 3rd.
The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.18.
Large investors have recently added to or reduced their stakes in the business. Deltec Asset Management LLC purchased a new position in shares of CENT PUERTO S A/S during the 1st quarter worth about $101,000. Alpine Global Management LLC purchased a new position in shares of CENT PUERTO S A/S during the 1st quarter worth about $152,000. Parametric Portfolio Associates LLC purchased a new position in shares of CENT PUERTO S A/S during the 1st quarter worth about $157,000. Legal & General Group Plc purchased a new position in shares of CENT PUERTO S A/S during the 3rd quarter worth about $185,000. Finally, Fort Sheridan Advisors LLC lifted its holdings in shares of CENT PUERTO S A/S by 75.8% during the 1st quarter. Fort Sheridan Advisors LLC now owns 24,377 shares of the company’s stock worth $224,000 after acquiring an additional 10,511 shares during the period. Institutional investors own 6.50% of the company’s stock.
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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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