Central Puerto (NYSE:CEPU) Issues Earnings Results

Central Puerto (NYSE:CEPU) announced its earnings results on Tuesday. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.26, Zacks reports. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%.

Central Puerto Price Performance

Shares of Central Puerto stock traded down $0.13 on Thursday, hitting $12.31. 11,113 shares of the company traded hands, compared to its average volume of 340,805. The business has a 50-day simple moving average of $13.58 and a 200 day simple moving average of $12.38. Central Puerto has a 52 week low of $7.07 and a 52 week high of $16.60. The stock has a market capitalization of $1.86 billion, a P/E ratio of 4.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.97 and a current ratio of 2.13.

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.