Cementos Pacasmayo S.A.A. (NYSE:CPAC) Sees Large Increase in Short Interest

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 6,000 shares, an increase of 215.8% from the January 31st total of 1,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,700 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Woodward Diversified Capital LLC purchased a new position in shares of Cementos Pacasmayo S.A.A. during the fourth quarter worth $58,000. Citadel Advisors LLC acquired a new stake in Cementos Pacasmayo S.A.A. during the fourth quarter valued at $68,000. Finally, BNP Paribas Financial Markets grew its position in Cementos Pacasmayo S.A.A. by 7.4% during the fourth quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company's stock valued at $152,000 after buying an additional 2,000 shares during the period.

Cementos Pacasmayo S.A.A. Stock Performance

Shares of NYSE CPAC traded down $0.03 during midday trading on Tuesday, reaching $5.77. The company had a trading volume of 6,191 shares, compared to its average volume of 7,684. The business's 50-day simple moving average is $5.68 and its 200 day simple moving average is $5.79. The stock has a market cap of $489.15 million, a P/E ratio of 9.78 and a beta of 0.63. Cementos Pacasmayo S.A.A. has a 1 year low of $5.10 and a 1 year high of $6.65. The company has a current ratio of 1.30, a quick ratio of 0.47 and a debt-to-equity ratio of 0.85.

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Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last issued its earnings results on Thursday, February 13th. The construction company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). Cementos Pacasmayo S.A.A. had a return on equity of 15.70% and a net margin of 10.05%. The business had revenue of $140.30 million for the quarter, compared to analysts' expectations of $141.04 million. On average, analysts forecast that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current fiscal year.

About Cementos Pacasmayo S.A.A.

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.