Short Interest in Cementos Pacasmayo S.A.A. (NYSE:CPAC) Decreases By 75.6%

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a decrease of 75.6% from the December 15th total of 7,800 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is currently 0.1 days.

Cementos Pacasmayo S.A.A. Stock Up 1.3 %

Shares of CPAC traded up $0.07 during mid-day trading on Monday, hitting $5.52. 4,263 shares of the company traded hands, compared to its average volume of 5,395. The company has a market capitalization of $467.95 million, a PE ratio of 9.68 and a beta of 0.62. 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 business has a 50 day moving average of $5.80 and a 200 day moving average of $5.74. Cementos Pacasmayo S.A.A. has a 1-year low of $4.98 and a 1-year high of $6.65.

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last released its earnings results on Tuesday, October 29th. The construction company reported $0.16 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $140.30 million. Equities research analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.64 EPS 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. Stockholders of record on Thursday, November 21st were paid a $0.5421 dividend. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 7.9%. Cementos Pacasmayo S.A.A.'s payout ratio is currently 87.72%.

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.

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