Central Puerto ADR (NYSE:CEPU) price on Friday, February 28, rose 1.97% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.90.
A look at the stock’s price movement, the close in the last trading session was $11.67. The PE ratio in trailing twelve months stood at 4.60. Turning to its 52-week performance, $16.60 and $6.89 were the 52-week high and 52-week low respectively. Overall, CEPU moved -16.26% over the past month.
Central Puerto ADR’s market cap currently stands at around $1.80 billion, with investors looking forward to this quarter’s earnings report slated for in April. The company has a Forward Dividend ratio of 0.00, with its dividend yield at 0.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 187.32B for the company’s revenue for the quarter, with a low and high estimate of 187.32B and 187.32B respectively. The average forecast suggests up to a 19.69% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 675.52B, representing a 115.43% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CEPU is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
The technical evaluation for the stock shows the PEG ratio is 0.03, with CEPU’s current price about -10.52% and -14.89% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.63, while 7-day volatility ratio is 5.55% and 5.03% in the 30-day chart. Further, Central Puerto ADR (CEPU) has a beta value of 1.27, and an average true range (ATR) of 0.69. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is -0.84% off current price level while to achieve the yearly target high, price needs to move -0.84%. Nonetheless, investors will most likely welcome a -0.84% jump to $12 which is the analysts’ median price.
If we refocus on Central Puerto ADR (NYSE:CEPU), historical trading data shows that trading volumes averaged 367.78K over the past 3 months. The company’s latest data on shares outstanding shows there are 151.40 million shares.
Current price change has pushed the stock -17.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CEPU stock continues to rise going into the next quarter.
