Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 11,200 shares, a drop of 31.7% from the April 30th total of 16,400 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.0% of the company's shares are sold short.
Institutional Trading of Cementos Pacasmayo S.A.A.
Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its stake in shares of Cementos Pacasmayo S.A.A. by 7.4% in the 4th quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company's stock valued at $152,000 after acquiring an additional 2,000 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Cementos Pacasmayo S.A.A. in the 4th quarter valued at $68,000. Finally, Woodward Diversified Capital LLC bought a new stake in shares of Cementos Pacasmayo S.A.A. in the 4th quarter valued at $58,000.
Cementos Pacasmayo S.A.A. Trading Up 0.1%
Cementos Pacasmayo S.A.A. stock traded up $0.01 during mid-day trading on Tuesday, hitting $5.96. 1,875 shares of the stock were exchanged, compared to its average volume of 7,173. The company has a quick ratio of 0.47, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. Cementos Pacasmayo S.A.A. has a 12 month low of $5.10 and a 12 month high of $6.65. The firm's fifty day simple moving average is $5.58 and its two-hundred day simple moving average is $5.68. The stock has a market capitalization of $504.83 million, a price-to-earnings ratio of 10.09 and a beta of 0.70.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last released its quarterly 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. The firm had revenue of $134.84 million during the quarter, compared to analyst estimates of $498.00 million. Cementos Pacasmayo S.A.A. had a net margin of 10.05% and a return on equity of 15.70%. Analysts forecast that Cementos Pacasmayo S.A.A. will post 0.62 EPS for the current year.
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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