Cementos Pacasmayo S.A.A. (NYSE:CPAC) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 106,900 shares, a growth of 239.4% from the August 15th total of 31,500 shares. Based on an average trading volume of 40,300 shares, the short-interest ratio is presently 2.7 days.
Cementos Pacasmayo S.A.A. stock traded down $0.02 during midday trading on Wednesday, hitting $5.57. 9,115 shares of the company’s stock were exchanged, compared to its average volume of 19,857. The stock has a 50-day moving average price of $5.86 and a two-hundred day moving average price of $6.94. The company has a market cap of $472.19 million, a P/E ratio of 11.37 and a beta of 0.30. Cementos Pacasmayo S.A.A. has a 52-week low of $5.32 and a 52-week high of $9.55. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.64 and a current ratio of 1.27.
Cementos Pacasmayo S.A.A. (NYSE:CPAC) last announced its quarterly earnings results on Monday, July 19th. The construction company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.05. The business had revenue of $116.44 million for the quarter, compared to analysts’ expectations of $76.75 million. Cementos Pacasmayo S.A.A. had a return on equity of 11.39% and a net margin of 8.55%. As a group, sell-side analysts expect that Cementos Pacasmayo S.A.A. will post 0.33 earnings per share for the current year.
Separately, Zacks Investment Research downgraded shares of Cementos Pacasmayo S.A.A. from a “hold” rating to a “sell” rating in a report on Thursday, July 22nd.
About Cementos Pacasmayo S.A.A.
Cementos Pacasmayo SAA engages in the production and market of cement, quicklime, aggregates, ready-mix concrete, precast concrete products, and construction materials. It operates through the following segments: Cement, Concrete, and Blocks; Construction Supplies; Quicklime; and Other. The company was founded in 1949 and is headquartered in Lima, Peru.
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