Posted by admin on Apr 14th, 2022
Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 46,700 shares, an increase of 197.5% from the March 15th total of 15,700 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 4.9 days.
CPAC stock opened at $6.28 on Thursday. Cementos Pacasmayo S.A.A. has a fifty-two week low of $5.11 and a fifty-two week high of $8.30. The business’s 50-day moving average is $6.62 and its two-hundred day moving average is $6.28. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.56 and a current ratio of 1.40. The company has a market cap of $532.36 million, a price-to-earnings ratio of 13.96 and a beta of 0.34.
Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) last posted its earnings results on Monday, February 14th. The construction company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.04. Cementos Pacasmayo S.A.A. had a return on equity of 12.37% and a net margin of 7.85%. The company had revenue of $130.32 million for the quarter. Equities analysts predict that Cementos Pacasmayo S.A.A. will post 0.81 earnings per share for the current year.
Separately, Zacks Investment Research raised Cementos Pacasmayo S.A.A. from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a report on Monday, February 21st.
An institutional investor recently raised its position in Cementos Pacasmayo S.A.A. stock. Dimensional Fund Advisors LP lifted its stake in Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) by 11.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,274 shares of the construction company’s stock after buying an additional 9,633 shares during the quarter. Dimensional Fund Advisors LP owned about 0.11% of Cementos Pacasmayo S.A.A. worth $484,000 as of its most recent filing with the Securities & Exchange Commission.
Cementos Pacasmayo S.A.A. Company Profile (Get Rating)
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as 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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