Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.
Wall Street Analyst Weigh In
Separately, Scotiabank increased their target price on shares of Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the stock a "sector perform" rating in a research note on Wednesday, June 4th.
View Our Latest Stock Analysis on CPAC
Cementos Pacasmayo S.A.A. Stock Performance
The firm's 50 day moving average price is $5.85 and its 200-day moving average price is $5.71. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.34 and a current ratio of 1.33. The firm has a market capitalization of $509.13 million, a PE ratio of 10.18 and a beta of 0.68.
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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $134.84 million for the quarter, compared to analyst estimates of $498.00 million. On average, research analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.
An institutional investor recently raised its position in Cementos Pacasmayo S.A.A. stock. BNP Paribas Financial Markets boosted its stake in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,110 shares of the construction company's stock after buying an additional 2,000 shares during the quarter. BNP Paribas Financial Markets' holdings in Cementos Pacasmayo S.A.A. were worth $152,000 at the end of the most recent reporting period.
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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