Cementos Pacasmayo S.A.A. (NYSE:CPAC) Share Price Crosses Above 200-Day Moving Average - What's Next?

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.75 and traded as high as $5.79. Cementos Pacasmayo S.A.A. shares last traded at $5.70, with a volume of 3,105 shares trading hands.

Cementos Pacasmayo S.A.A. Stock Performance

The stock's fifty day simple moving average is $5.68 and its 200 day simple moving average is $5.75. The company has a market cap of $489.12 million, a price-to-earnings ratio of 10.12 and a beta of 0.62. The company has a current ratio of 1.56, a quick ratio of 0.47 and a debt-to-equity ratio of 0.80.

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The construction company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.01. The firm had revenue of $137.76 million during the quarter, compared to analysts' expectations of $140.30 million. Cementos Pacasmayo S.A.A. had a net margin of 9.41% and a return on equity of 17.48%. As a group, analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.64 earnings per share for the current year.

Cementos Pacasmayo S.A.A. Cuts Dividend

The firm also recently declared a Variable dividend, which was paid on Tuesday, December 17th. Shareholders of record on Thursday, November 21st were given a $0.5421 dividend. The ex-dividend date was Thursday, November 21st. This represents a yield of 7.9%. Cementos Pacasmayo S.A.A.'s dividend payout ratio is presently 87.72%.

Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.

An institutional investor recently bought a new position in Cementos Pacasmayo S.A.A. stock. Woodward Diversified Capital LLC acquired a new stake in Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,000 shares of the construction company's stock, valued at approximately $58,000.

Cementos Pacasmayo S.A.A. Company Profile

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.