Shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $6.65 and last traded at $6.13, with a volume of 109596 shares changing hands. The stock had previously closed at $5.95.
Analyst Upgrades and Downgrades
Separately, Scotiabank increased their target price on Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the company a "sector perform" rating in a report on Wednesday, June 4th.
View Our Latest Report on Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. Stock 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 firm has a fifty day simple moving average of $5.79 and a two-hundred day simple moving average of $5.69. The firm has a market cap of $521.34 million, a PE ratio of 10.42 and a beta of 0.68.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last released its earnings results on Monday, April 28th. The construction company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The company had revenue of $134.84 million during the quarter, compared to analysts' expectations 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 forecast 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 position in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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.
Further Reading
Before you consider Cementos Pacasmayo S.A.A., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cementos Pacasmayo S.A.A. wasn't on the list.
While Cementos Pacasmayo S.A.A. currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
