Free Trial

Cementos Pacasmayo S.A.A. (NYSE:CPAC) Shares Pass Above 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)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.74 and traded as high as $5.80. Cementos Pacasmayo S.A.A. shares last traded at $5.71, with a volume of 4,239 shares changing hands.

Cementos Pacasmayo S.A.A. Price Performance

The stock has a market cap of $477.68 million, a PE ratio of 9.89 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. The business has a fifty day simple moving average of $5.75 and a two-hundred day simple moving average of $5.74.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $137.76 million during the quarter, compared to the consensus estimate of $140.30 million. Research analysts forecast 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 disclosed a Variable dividend, which was paid on Tuesday, December 17th. Investors of record on Thursday, November 21st were paid a dividend of $0.5421 per share. This represents a yield of 7.9%. The ex-dividend date of this dividend was Thursday, November 21st. Cementos Pacasmayo S.A.A.'s payout ratio is currently 87.72%.

Cementos Pacasmayo S.A.A. Company Profile

(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.

Featured Stories

Should You Invest $1,000 in Cementos Pacasmayo S.A.A. Right Now?

Before you consider Cementos Pacasmayo S.A.A., you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cementos Pacasmayo S.A.A. wasn't on the list.

While Cementos Pacasmayo S.A.A. currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Transportation Stocks to Watch in 2025: Top Picks for Growth
Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines