Cementos Pacasmayo S.A.A. (NYSE:CPAC) Shares Cross Below 200-Day Moving Average – Should You Sell?

Posted by ABMN Staff on Jan 7th, 2025

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.75 and traded as low as $5.50. Cementos Pacasmayo S.A.A. shares last traded at $5.50, with a volume of 4,268 shares traded.

Cementos Pacasmayo S.A.A. Stock Down 2.5 %

The company has a current ratio of 1.56, a quick ratio of 0.47 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $466.24 million, a price-to-earnings ratio of 9.65 and a beta of 0.62. The firm has a 50 day moving average price of $5.90 and a two-hundred day moving average price of $5.75.

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) last announced its quarterly earnings results 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. Cementos Pacasmayo S.A.A. had a net margin of 9.41% and a return on equity of 17.48%. The firm had revenue of $137.76 million for the quarter, compared to analysts’ expectations of $140.30 million. On average, equities analysts expect that Cementos Pacasmayo S.A.A. will post 0.64 earnings per share for the current fiscal year.

Cementos Pacasmayo S.A.A. Cuts Dividend

The business also recently announced a Variable dividend, which was paid on Tuesday, December 17th. Shareholders of record on Thursday, November 21st were paid 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 currently 87.72%.

Cementos Pacasmayo S.A.A. Company Profile

(Get Free Report)

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.