Cementos Pacasmayo S.A.A. (NYSE:CPAC) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Cementos Pacasmayo S.A.A. (NYSE:CPAC) 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 traded.

Cementos Pacasmayo S.A.A. Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.47 and a current ratio of 1.56. The firm has a market cap of $484.12 million, a price-to-earnings ratio of 10.02 and a beta of 0.62. The business’s 50 day moving average price is $5.75 and its 200 day moving average price is $5.74.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last posted its earnings results on Tuesday, October 29th. The construction company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Cementos Pacasmayo S.A.A. had a return on equity of 17.48% and a net margin of 9.41%. The firm had revenue of $137.76 million for the quarter, compared to analysts’ expectations of $140.30 million. On average, equities 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 business also recently disclosed a Variable dividend, which was paid on Tuesday, December 17th. Shareholders of record on Thursday, November 21st were issued a dividend of $0.5421 per share. This represents a yield of 7.9%. The ex-dividend date of this dividend was Thursday, November 21st. Cementos Pacasmayo S.A.A.’s payout ratio is 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.