Short Interest in Cementos Pacasmayo S.A.A. (NYSE:CPAC) Increases By 215.8%

Cementos Pacasmayo S.A.A. (NYSE:CPAC) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 6,000 shares, a growth of 215.8% from the January 31st total of 1,900 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are short sold.

Cementos Pacasmayo S.A.A. Stock Up 0.1 %

Shares of NYSE:CPAC traded up $0.00 during trading on Friday, reaching $5.83. 13,869 shares of the stock were exchanged, compared to its average volume of 5,845. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.47. Cementos Pacasmayo S.A.A. has a 1-year low of $5.10 and a 1-year high of $6.65. The stock has a fifty day moving average of $5.67 and a two-hundred day moving average of $5.78. The firm has a market cap of $494.49 million, a price-to-earnings ratio of 9.89 and a beta of 0.63.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last released its quarterly earnings results on Thursday, February 13th. The construction company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The company had revenue of $140.30 million during the quarter, compared to analysts’ expectations of $141.04 million. Cementos Pacasmayo S.A.A. had a net margin of 10.05% and a return on equity of 15.70%. Research analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Woodward Diversified Capital LLC purchased a new stake in shares of Cementos Pacasmayo S.A.A. during the 4th quarter valued at $58,000. Citadel Advisors LLC bought a new position in Cementos Pacasmayo S.A.A. in the 4th quarter worth about $68,000. Finally, BNP Paribas Financial Markets boosted its stake in Cementos Pacasmayo S.A.A. by 7.4% in the 4th quarter. BNP Paribas Financial Markets now owns 29,110 shares of the construction company’s stock worth $152,000 after purchasing 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.