Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 3,100 shares, a drop of 18.4% from the March 15th total of 3,800 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.
Institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new position in Cementos Pacasmayo S.A.A. in the 4th quarter valued at $68,000. BNP Paribas Financial Markets raised its stake in Cementos Pacasmayo S.A.A. by 7.4% in the fourth quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company's stock valued at $152,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Woodward Diversified Capital LLC bought a new stake in Cementos Pacasmayo S.A.A. during the fourth quarter worth about $58,000.
Cementos Pacasmayo S.A.A. Stock Performance
CPAC traded up $0.05 during trading on Friday, hitting $5.50. The stock had a trading volume of 295 shares, compared to its average volume of 7,231. 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 company has a 50 day moving average price of $5.65 and a 200-day moving average price of $5.77. Cementos Pacasmayo S.A.A. has a one year low of $5.10 and a one year high of $6.65. The firm has a market cap of $466.26 million, a price-to-earnings ratio of 9.32 and a beta of 0.51.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The construction company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). The business had revenue of $140.30 million during the quarter, compared to analyst estimates of $141.04 million. Cementos Pacasmayo S.A.A. had a net margin of 10.05% and a return on equity of 15.70%. As a group, research analysts predict that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
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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