Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.69 and traded as high as $6.00. Cementos Pacasmayo S.A.A. shares last traded at $5.95, with a volume of 639 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank lifted their price target on Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the stock a "sector perform" rating in a research report on Wednesday, June 4th.
Check Out Our Latest Analysis on Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. Trading Down 0.7%
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 company's 50 day moving average is $5.73 and its 200 day moving average is $5.68. The stock has a market capitalization of $504.38 million, a price-to-earnings ratio of 10.08 and a beta of 0.70.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $134.84 million for the quarter, compared to the consensus estimate of $498.00 million. On average, research analysts forecast that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current fiscal year.
Hedge Funds Weigh In On Cementos Pacasmayo S.A.A.
A hedge fund recently raised its stake in Cementos Pacasmayo S.A.A. stock. BNP Paribas Financial Markets increased its position in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,110 shares of the construction company's stock after purchasing an additional 2,000 shares during the period. BNP Paribas Financial Markets' holdings in Cementos Pacasmayo S.A.A. were worth $152,000 at the end of the most recent reporting period.
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.
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