Short Interest in Cementos Pacasmayo S.A.A. (NYSE:CPAC) Decreases By 75.6%

Cementos Pacasmayo S.A.A. (NYSE:CPACGet Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a decline of 75.6% from the December 15th total of 7,800 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is currently 0.1 days.

Cementos Pacasmayo S.A.A. Stock Performance

Shares of CPAC stock traded up $0.17 on Tuesday, hitting $5.69. 8,696 shares of the stock traded hands, compared to its average volume of 5,799. The company has a market capitalization of $482.36 million, a PE ratio of 9.98 and a beta of 0.62. The company’s fifty day moving average is $5.79 and its 200 day moving average is $5.74. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.56 and a quick ratio of 0.47. Cementos Pacasmayo S.A.A. has a 1-year low of $4.98 and a 1-year high of $6.65.

Cementos Pacasmayo S.A.A. (NYSE:CPACGet Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The construction company reported $0.16 EPS for the quarter, beating the consensus estimate 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 business had revenue of $137.76 million during the quarter, compared to analyst estimates of $140.30 million. On average, equities research analysts predict 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 disclosed a Variable dividend, which was paid on Tuesday, December 17th. Investors 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 is currently 87.72%.

About Cementos Pacasmayo S.A.A.

(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.

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