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Cementos Pacasmayo S.A.A. (NYSE:CPAC) Share Price Passes Below 200-Day Moving Average - Here's Why

Cementos Pacasmayo S.A.A. logo with Construction background

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.75 and traded as low as $5.50. Cementos Pacasmayo S.A.A. shares last traded at $5.50, with a volume of 4,268 shares.

Cementos Pacasmayo S.A.A. Price Performance

The company has a quick ratio of 0.47, a current ratio of 1.56 and a debt-to-equity ratio of 0.80. The company has a 50 day simple moving average of $5.89 and a 200-day simple moving average of $5.75. The stock has a market cap of $467.10 million, a price-to-earnings ratio of 9.67 and a beta of 0.62.

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

Cementos Pacasmayo S.A.A. Cuts Dividend

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

About Cementos Pacasmayo S.A.A.

(Get Free Report)

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.

Further Reading

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