Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) shares saw strong trading volume on Wednesday . 21,501 shares traded hands during mid-day trading, an increase of 177% from the previous session's volume of 7,769 shares.The stock last traded at $6.10 and had previously closed at $6.15.
Analyst Ratings Changes
Separately, Scotiabank upped their price objective on Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the company a "sector perform" rating in a research note on Wednesday, June 4th.
View Our Latest Stock Analysis on CPAC
Cementos Pacasmayo S.A.A. Trading Down 3.1%
The company has a fifty day moving average of $5.85 and a two-hundred day moving average of $5.71. The company has a quick ratio of 0.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $509.13 million, a price-to-earnings ratio of 10.18 and a beta of 0.68.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The construction company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The company had revenue of $134.84 million during the quarter, compared to the consensus estimate of $498.00 million. Cementos Pacasmayo S.A.A. had a net margin of 10.10% and a return on equity of 15.87%. On average, research analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.
A hedge fund recently bought a new stake in Cementos Pacasmayo S.A.A. stock. Citadel Advisors LLC purchased a new stake in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 12,940 shares of the construction company's stock, valued at approximately $68,000.
About Cementos Pacasmayo S.A.A.
(
Get Free Report)
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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