Posted by admin on May 15th, 2022
Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 66,100 shares, a growth of 54.4% from the April 15th total of 42,800 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is currently 6.8 days.
Separately, Zacks Investment Research downgraded shares of Cementos Pacasmayo S.A.A. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 19th.
Shares of NYSE:CPAC opened at $5.29 on Friday. The company has a 50-day moving average price of $6.25 and a 200-day moving average price of $6.32. The company has a quick ratio of 0.46, a current ratio of 1.09 and a debt-to-equity ratio of 0.58. Cementos Pacasmayo S.A.A. has a 12 month low of $5.05 and a 12 month high of $8.30.
Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) last issued its quarterly earnings data on Monday, February 14th. The construction company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.11 by $0.04. The firm had revenue of $130.32 million during the quarter. Cementos Pacasmayo S.A.A. had a net margin of 8.34% and a return on equity of 14.03%. Equities analysts expect that Cementos Pacasmayo S.A.A. will post 0.81 earnings per share for the current year.
A hedge fund recently raised its stake in Cementos Pacasmayo S.A.A. stock. Dimensional Fund Advisors LP grew its position in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) by 11.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,274 shares of the construction company’s stock after acquiring an additional 9,633 shares during the period. Dimensional Fund Advisors LP owned about 0.11% of Cementos Pacasmayo S.A.A. worth $484,000 as of its most recent SEC filing.
About Cementos Pacasmayo S.A.A. (Get Rating)
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates through three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement-based products.
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