Cementos Pacasmayo S.A.A. (NYSE:CPAC) Short Interest Down 33.9% in December

Cementos Pacasmayo S.A.A. (NYSE:CPAC) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, a decrease of 33.9% from the November 30th total of 11,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 12,300 shares, the short-interest ratio is currently 0.6 days.

Cementos Pacasmayo S.A.A. Stock Performance

CPAC opened at $5.35 on Friday. The stock has a market cap of $453.52 million, a PE ratio of 9.39 and a beta of 0.60. Cementos Pacasmayo S.A.A. has a 1 year low of $4.95 and a 1 year high of $6.65. The stock’s 50 day simple moving average is $5.95 and its 200-day simple moving average is $5.76. The company has a current ratio of 1.56, a quick ratio of 0.47 and a debt-to-equity ratio of 0.80.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last released its quarterly earnings data on Tuesday, October 29th. The construction company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. The company had revenue of $137.76 million for the quarter, compared to the consensus estimate of $140.30 million. Cementos Pacasmayo S.A.A. had a return on equity of 17.48% and a net margin of 9.41%. Sell-side analysts forecast that Cementos Pacasmayo S.A.A. will post 0.64 EPS for the current year.

Cementos Pacasmayo S.A.A. Cuts Dividend

The company also recently announced 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 dividend payout ratio is presently 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.