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

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 3,100 shares, a decline of 18.4% from the March 15th total of 3,800 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 5,400 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Cementos Pacasmayo S.A.A.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new position in shares of Cementos Pacasmayo S.A.A. in the 4th quarter valued at $68,000. BNP Paribas Financial Markets boosted its position in shares of Cementos Pacasmayo S.A.A. by 7.4% in the 4th quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company's stock valued at $152,000 after purchasing an additional 2,000 shares during the period. Finally, Woodward Diversified Capital LLC purchased a new position in shares of Cementos Pacasmayo S.A.A. during the fourth quarter worth approximately $58,000.

Cementos Pacasmayo S.A.A. Stock Down 0.5 %

Shares of CPAC traded down $0.03 during midday trading on Thursday, reaching $5.45. The stock had a trading volume of 5,610 shares, compared to its average volume of 7,259. The company has a market cap of $461.59 million, a price-to-earnings ratio of 9.23 and a beta of 0.51. The company's fifty day simple moving average is $5.66 and its two-hundred day simple moving average is $5.77. 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 debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.47.

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The construction company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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. Equities research analysts expect that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current 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.