Cementos Pacasmayo S.A.A. (NYSE:CPAC) Share Price Passes Above 200-Day Moving Average of $5.47

Cementos Pacasmayo S.A.A. (NYSE:CPAC) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.47 and traded as high as $6.00. Cementos Pacasmayo S.A.A. shares last traded at $5.72, with a volume of 4,913 shares trading hands.

Cementos Pacasmayo S.A.A. Trading Down 2.2 %

The company has a current ratio of 1.52, a quick ratio of 0.35 and a debt-to-equity ratio of 0.93. The firm has a 50-day simple moving average of $5.56 and a two-hundred day simple moving average of $5.47.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last announced its earnings results on Monday, April 29th. The construction company reported $0.16 EPS for the quarter. Cementos Pacasmayo S.A.A. had a net margin of 8.99% and a return on equity of 16.68%. The company had revenue of $126.85 million for the quarter. As a group, equities analysts expect that Cementos Pacasmayo S.A.A. will post 0.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cementos Pacasmayo S.A.A. stock. Sagil Capital LLP lifted its holdings in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC) by 203.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,734 shares of the construction company’s stock after purchasing an additional 140,633 shares during the period. Cementos Pacasmayo S.A.A. accounts for about 0.6% of Sagil Capital LLP’s portfolio, making the stock its 9th biggest position. Sagil Capital LLP’s holdings in Cementos Pacasmayo S.A.A. were worth $1,078,000 at the end of the most recent quarter.

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.