Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.70 and traded as high as $6.18. Cementos Pacasmayo S.A.A. shares last traded at $6.14, with a volume of 867 shares traded.
Wall Street Analyst Weigh In
Separately, Scotiabank lifted their target price on Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the stock 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. Trading Down 3.1%
The company has a fifty day moving average of $5.85 and a two-hundred day moving average of $5.71. 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 capitalization of $509.13 million, a price-to-earnings ratio of 10.18 and a beta of 0.68.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last released its quarterly earnings data 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 return on equity of 15.87% and a net margin of 10.10%. The business had revenue of $134.84 million for the quarter, compared to analysts' expectations of $498.00 million. On average, research analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
Hedge Funds Weigh In On Cementos Pacasmayo S.A.A.
An institutional investor recently bought a new position in Cementos Pacasmayo S.A.A. stock. Citadel Advisors LLC purchased a new position in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,940 shares of the construction company's stock, valued at approximately $68,000.
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.
Further Reading
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