Shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 68,755 shares traded 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 boosted their price objective on shares of Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the stock a "sector perform" rating in a research note on Wednesday, June 4th.
View Our Latest Stock Analysis on Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. Price Performance
The company's 50-day simple moving average is $5.75 and its 200-day simple moving average is $5.69. The stock has a market capitalization of $525.57 million, a price-to-earnings ratio of 10.51 and a beta of 0.68. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.33 and a quick ratio of 0.34.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The construction company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $134.84 million during the quarter, compared to analysts' expectations of $498.00 million. Cementos Pacasmayo S.A.A. had a net margin of 10.10% and a return on equity of 15.87%. Research analysts forecast that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.
An institutional investor recently bought a new position in Cementos Pacasmayo S.A.A. stock. Citadel Advisors LLC acquired a new position in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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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