Cementos Pacasmayo S.A.A. (NYSE:CPAC) Short Interest Update

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 35,300 shares, a drop of 46.6% from the April 30th total of 66,100 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is currently 3.2 days.

Separately, Zacks Investment Research lowered Cementos Pacasmayo S.A.A. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 19th.

Shares of Cementos Pacasmayo S.A.A. stock traded up $0.01 on Friday, hitting $5.40. The company’s stock had a trading volume of 51,724 shares, compared to its average volume of 11,629. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.46 and a current ratio of 1.09. Cementos Pacasmayo S.A.A. has a 1 year low of $5.05 and a 1 year high of $8.30. The firm has a fifty day moving average price of $6.01 and a 200-day moving average price of $6.25. The company has a market capitalization of $457.76 million, a price-to-earnings ratio of 11.02 and a beta of 0.42.

An institutional investor recently raised its position in Cementos Pacasmayo S.A.A. stock. Dimensional Fund Advisors LP boosted its position in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Rating) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,274 shares of the construction company’s stock after buying an additional 9,633 shares during the period. Dimensional Fund Advisors LP owned 0.11% of Cementos Pacasmayo S.A.A. worth $484,000 at the end of the most recent quarter.

Cementos Pacasmayo S.A.A. Company Profile (Get Rating)

Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates through three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as 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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