Shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) saw strong trading volume on Tuesday . 68,755 shares changed hands during mid-day trading, an increase of 804% from the previous session's volume of 7,605 shares.The stock last traded at $6.15 and had previously closed at $5.95.
Wall Street Analyst Weigh In
Separately, Scotiabank upped their target price on shares of Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th.
Check Out Our Latest Report on CPAC
Cementos Pacasmayo S.A.A. Stock Performance
The stock has a market cap of $521.36 million, a PE ratio of 10.42 and a beta of 0.68. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.34 and a current ratio of 1.33. The stock has a fifty day moving average price of $5.77 and a 200 day moving average price of $5.69.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The construction company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The firm had revenue of $134.84 million during the quarter, compared to analyst estimates of $498.00 million. Cementos Pacasmayo S.A.A. had a return on equity of 15.87% and a net margin of 10.10%. Equities analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
Institutional Trading of Cementos Pacasmayo S.A.A.
A hedge fund recently bought a new stake in Cementos Pacasmayo S.A.A. stock. Citadel Advisors LLC acquired a new stake in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,940 shares of the construction company's stock, valued at approximately $68,000.
About Cementos Pacasmayo S.A.A.
(
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Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. It operates through three segments: Cement, Concrete, Mortar and Precast; Quicklime; and Sales of Construction Supplies. The company's cement and concrete products are used in 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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