Cementos Pacasmayo S.A.A. (NYSE:CPAC) Stock Passes Above 200-Day Moving Average – Should You Sell?

Posted by Caroline Horne on Jan 22nd, 2025

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

Cementos Pacasmayo S.A.A. Stock Performance

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 company has a market capitalization of $487.94 million, a PE ratio of 10.10 and a beta of 0.62. The firm’s 50-day simple moving average is $5.74 and its 200-day simple moving average is $5.74.

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) last issued its earnings results on Tuesday, October 29th. The construction company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. The business had revenue of $137.76 million during the quarter, compared to analysts’ expectations of $140.30 million. Cementos Pacasmayo S.A.A. had a return on equity of 17.48% and a net margin of 9.41%. On average, research analysts predict that Cementos Pacasmayo S.A.A. will post 0.64 earnings per share for the current 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 given a dividend of $0.5421 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 7.9%. Cementos Pacasmayo S.A.A.’s dividend payout ratio (DPR) is presently 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.