Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.67 and traded as high as $6.00. Cementos Pacasmayo S.A.A. shares last traded at $5.92, with a volume of 8,449 shares.
Analysts Set New Price Targets
Separately, Scotiabank upped their price target 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.
Get Our Latest Analysis on Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. Price Performance
The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.47. The stock has a fifty day simple moving average of $5.59 and a 200-day simple moving average of $5.68. The company has a market capitalization of $501.86 million, a price-to-earnings ratio of 10.03 and a beta of 0.70.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last posted 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 firm had revenue of $134.84 million for the quarter, compared to analysts' expectations of $498.00 million. Cementos Pacasmayo S.A.A. had a return on equity of 15.70% and a net margin of 10.05%. On average, equities research analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position 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 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,940 shares of the construction company's stock, valued at approximately $68,000.
Cementos Pacasmayo S.A.A. Company Profile
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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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