Cementos Pacasmayo S.A.A. (NYSE:CPAC) Short Interest Down 33.9% in December

Cementos Pacasmayo S.A.A. (NYSE:CPAC) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, a decline of 33.9% from the November 30th total of 11,800 shares. Based on an average trading volume of 12,300 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Cementos Pacasmayo S.A.A. Stock Down 0.6 %

NYSE CPAC opened at $5.35 on Monday. Cementos Pacasmayo S.A.A. has a one year low of $4.95 and a one year high of $6.65. 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 business has a fifty day moving average price of $5.95 and a 200 day moving average price of $5.76. The company has a market cap of $453.52 million, a P/E ratio of 9.39 and a beta of 0.60.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) last posted its quarterly earnings results on Tuesday, October 29th. The construction company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $137.76 million for the quarter, compared to analyst estimates of $140.30 million. Research analysts anticipate that Cementos Pacasmayo S.A.A. will post 0.64 EPS for the current fiscal 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 issued a $0.5421 dividend. 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 currently 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.