Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 21,501 shares traded hands during 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.
Wall Street Analysts Forecast Growth
Separately, Scotiabank increased 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 report on Wednesday, June 4th.
View Our Latest Stock Analysis on CPAC
Cementos Pacasmayo S.A.A. Price Performance
The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.79. The stock has a market cap of $509.13 million, a PE ratio of 10.18 and a beta of 0.68. The firm's 50-day moving average price is $5.85 and its two-hundred day moving average price is $5.71.
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, beating analysts' consensus estimates of $0.14 by $0.02. Cementos Pacasmayo S.A.A. had a net margin of 10.10% and a return on equity of 15.87%. The business had revenue of $134.84 million for the quarter, compared to analyst estimates of $498.00 million. On average, equities analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Cementos Pacasmayo S.A.A. stock. BNP Paribas Financial Markets lifted its holdings in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,110 shares of the construction company's stock after acquiring an additional 2,000 shares during the quarter. BNP Paribas Financial Markets' holdings in Cementos Pacasmayo S.A.A. were worth $152,000 as of its most recent SEC filing.
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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