Cementos Pacasmayo S.A.A. (NYSE:CPAC) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Cementos Pacasmayo S.A.A. (NYSE:CPAC) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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.

Cementos Pacasmayo S.A.A. Stock Performance

The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.47 and a current ratio of 1.56. The firm’s 50-day moving average price is $5.75 and its two-hundred day moving average price is $5.74. The stock has a market cap of $484.12 million, a price-to-earnings ratio of 10.02 and a beta of 0.62.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last posted its earnings results on Tuesday, October 29th. The construction company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $137.76 million for the quarter, compared to analyst estimates of $140.30 million. Cementos Pacasmayo S.A.A. had a net margin of 9.41% and a return on equity of 17.48%. On average, analysts expect 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 $0.5421 dividend. The ex-dividend date was Thursday, November 21st. This represents a yield of 7.9%. Cementos Pacasmayo S.A.A.’s payout ratio is 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.