Shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.68 and traded as high as $5.85. Cementos Pacasmayo S.A.A. shares last traded at $5.77, with a volume of 883 shares changing hands.
Wall Street Analyst Weigh In
Separately, Scotiabank boosted 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 report on Wednesday, June 4th.
Read Our Latest Stock Analysis on CPAC
Cementos Pacasmayo S.A.A. Trading Down 1.4%
The stock has a market cap of $489.12 million, a P/E ratio of 9.78 and a beta of 0.70. 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's fifty day moving average price is $5.65 and its 200 day moving average price is $5.68.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last announced 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. Cementos Pacasmayo S.A.A. had a net margin of 10.10% and a return on equity of 15.87%. The firm had revenue of $134.84 million for the quarter, compared to analysts' expectations of $498.00 million. Equities research analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current year.
Hedge Funds 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 position in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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.
See Also
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