Cementos Pacasmayo ADR (NYSE:CPAC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $8.44. Cementos Pacasmayo shares last traded at $8.44, with a volume of 1,179 shares traded.
A number of research analysts have weighed in on CPAC shares. UBS Group upgraded shares of Cementos Pacasmayo from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 24th. ValuEngine downgraded shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a research report on Monday, July 29th. Finally, Zacks Investment Research cut shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a research note on Wednesday, July 17th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. Cementos Pacasmayo has an average rating of “Hold” and a consensus target price of $13.00.
The firm has a market cap of $724.82 million, a PE ratio of 22.76 and a beta of 0.80. The business’s 50 day moving average price is $8.76 and its 200 day moving average price is $9.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.94 and a quick ratio of 0.94.
Cementos Pacasmayo (NYSE:CPAC) last released its earnings results on Wednesday, July 17th. The construction company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $96.91 million during the quarter, compared to analysts’ expectations of $92.25 million. Cementos Pacasmayo had a net margin of 6.54% and a return on equity of 7.79%. As a group, analysts predict that Cementos Pacasmayo ADR will post 0.49 earnings per share for the current year.
An institutional investor recently bought a new position in Cementos Pacasmayo stock. Aperio Group LLC acquired a new stake in shares of Cementos Pacasmayo ADR (NYSE:CPAC) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,161 shares of the construction company’s stock, valued at approximately $28,000. Institutional investors own 4.09% of the company’s stock.
Cementos Pacasmayo Company Profile (NYSE:CPAC)
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The company operates in three segments: Cement, Concrete and Blocks; 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 large construction sites; concrete blocks, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete blocks for structural and non-structural uses; and cement based products, including assembly gravity walls, beams and vaults, precast beams, sheet piles, seawalls, and piles, as well as bathroom and housing units.
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