Cementos Pacasmayo S.A.A. (NYSE:CPAC) Shares Gap Down – Time to Sell?

Cementos Pacasmayo S.A.A. (NYSE:CPAC) shares gapped down before the market opened on Tuesday . The stock had previously closed at $5.90, but opened at $5.72. Cementos Pacasmayo S.A.A. shares last traded at $5.78, with a volume of 4,343 shares traded.

Cementos Pacasmayo S.A.A. Stock Down 0.7 %

The firm has a market cap of $491.67 million, a P/E ratio of 9.83 and a beta of 0.63. 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 firm has a fifty day moving average of $5.67 and a 200-day moving average of $5.77.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last released its quarterly earnings data on Thursday, February 13th. The construction company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The business had revenue of $140.30 million during the quarter, compared to the consensus estimate of $141.04 million. Cementos Pacasmayo S.A.A. had a net margin of 10.05% and a return on equity of 15.48%. On average, equities research analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.72 earnings per share for the current year.

Institutional Trading of Cementos Pacasmayo S.A.A.

Institutional investors and hedge funds have recently bought and sold shares of the business. Woodward Diversified Capital LLC bought a new stake in Cementos Pacasmayo S.A.A. in the fourth quarter valued at approximately $58,000. Citadel Advisors LLC bought a new stake in Cementos Pacasmayo S.A.A. in the fourth quarter valued at approximately $68,000. Finally, BNP Paribas Financial Markets raised its stake in Cementos Pacasmayo S.A.A. by 7.4% in the fourth quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company’s stock valued at $152,000 after buying an additional 2,000 shares during the period.

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.