Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 7,800 shares, a drop of 33.9% from the November 30th total of 11,800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 12,300 shares, the short-interest ratio is currently 0.6 days. Cementos Pacasmayo S.A.A. Trading Down 0.6 % Shares of Cementos Pacasmayo S.A.A. stock opened at $5.35 on Monday. Cementos Pacasmayo S.A.A. has a 1-year low of $4.95 and a 1-year high of $6.65. The company’s fifty day simple moving average is $5.95 and its 200-day simple moving average is $5.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.56 and a quick ratio of 0.47. The stock has a market capitalization of $453.52 million, a PE ratio of 9.39 and a beta of 0.60.
The company reported a net income of $1.1 million, a decrease of 25% from the same period last year.
Earnings Report Analysis
The Cementos Pacasmayo S.A. (CPAC) earnings report has sparked concerns among investors and analysts. The company’s net income has decreased by 25% compared to the same period last year, indicating a decline in profitability.
Key Takeaways
The company’s products cater to the construction industry, including residential, commercial, and industrial projects.
Cement Production and Distribution
Cementos Pacasmayo S.A. is a leading cement producer in Peru, with a strong presence in the domestic market. The company’s cement production facilities are strategically located throughout the country, allowing for efficient distribution to various regions. Cement is a fundamental component in the construction of buildings, roads, and other infrastructure projects. The company’s cement production capacity is approximately 1.5 million tons per year. Cementos Pacasmayo S.A. uses a combination of traditional and modern production methods to ensure high-quality products. The company’s cement products are designed to meet the specific needs of the Peruvian construction industry.
Concrete, Mortar, and Precast Products
In addition to cement, Cementos Pacasmayo S.A. offers a range of concrete, mortar, and precast products. These products are essential for various construction projects, including residential, commercial, and industrial buildings. Concrete is used for foundations, walls, and floors. Mortar is used for bonding and finishing work.
Cementos Pacasmayo S.A.
The company was founded in 1950 by a group of entrepreneurs who had a vision to provide high-quality cement products to the construction industry. Over the years, Cementos Pacasmayo S.A.
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