Central Puerto S.A. (NYSE: CEPU) Plunges -0.32% And Its 4.78% Stock Volatility Is Bewildering

Central Puerto S.A. (NYSE:CEPU) does about 222.31K shares in volume on a normal day but saw 262826 shares change hands in Friday trading. The company now has a market cap of 1.86B USD. Its current market price is $6.25, marking a decrease of -0.32% compared to the previous close of $6.27. The 52 week high reached by this stock is $6.93 whilst the lowest price level in 52 weeks is $2.81. The script in recent trading has seen the stock touch a high of $6.308 and a low of $5.99.

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Central Puerto S.A. (CEPU) has a 20-day trading average at $6.23 and the current price is -9.80% off the 52-week high compared with 122.42% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.98 and its 200-day simple moving average is $4.52. If we look at the stock’s price movements over the week, volatility stands at 4.78%, which increases to 5.49% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.91 to suggest the stock is neutral.

1 analysts observing the Central Puerto S.A. (CEPU) stock have set the 12-month price targets for the company’s shares at between $8.10 and $8.10. The consensus objective for the share price is $5.05, suggesting that the stock has a potential downside of -23.76% over the period. The median price target is 22.84% away from the current levels at $8.10.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The current price level is 0.37%, 4.96%, and 38.54% away from its SMA20, SMA50, and SMA200 respectively, with the CEPU price moving above the 50-day SMA on February 17. Central Puerto S.A. (CEPU) stock is up 1.30% over the week and 7.94% over the past month. Its price is 5.22% year-to-date and 71.23% over the past year.

The stock last released its quarterly earnings report for quarter ended 12/30/2020, with the company’s earnings per share (EPS) of $0.05 above consensus estimates by $0.03. The company’s next earnings report is expected on 05/15/2023, with forecasts estimating quarterly EPS at $0 and $0.53 for whole year. CEPU’s earnings per share are forecast to shrink by -18.50% this year and -20.80% over next year.

Its 12-month price target is $8.10. To reach the target analysts have set, the stock logically needs to shrink -23.76 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $8.10, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $8.10.

Outstanding shares total 151.40M with insiders holding 0.00% of the shares and institutional holders owning 3.58% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 36.76 while the forward price to earnings ratio is 14.88. Price to book ratio is 0.00 and price to sales ratio is 0.03.

According to a U.S. Securities and Exchange Commission filing, azValor Internacional, FI has added its position in Central Puerto S.A. (CEPU) to 1,028,878 shares, mirroring a recent increase by 5.32%. azValor Internacional, FI added 52011.0 shares of Central Puerto S.A. common stock bringing its total worth to about $6.42 million at the end of recent close, SEC documents show.

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