Short Interest in Cementos Pacasmayo S A A NYSE : CPAC Drops By 22 0

Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 21,300 shares, a drop of 22.0% from the September 30th total of 27,300 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is currently 3.9 days. Cementos Pacasmayo S.A.A. Trading Down 1.3 % Shares of CPAC traded down $0.08 during midday trading on Wednesday, hitting $6.15. The stock had a trading volume of 39,995 shares, compared to its average volume of 7,348. The stock’s 50 day moving average is $5.73 and its 200 day moving average is $5.61. The firm has a market cap of $521.34 million, a PE ratio of 10.95 and a beta of 0.64. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.54 and a quick ratio of 0.39. Cementos Pacasmayo S.A.A. has a 1 year low of $4.65 and a 1 year high of $6.64.

The company also reported a revenue of $1.1 billion, exceeding the consensus estimate of $1.05 billion.

Earnings Beat and Revenue Growth

Cementos Pacasmayo S.A. (CPAC) delivered a strong quarterly earnings report, surpassing analyst expectations and demonstrating revenue growth. The company’s earnings per share (EPS) of $0.16 exceeded the consensus estimate of $0.15, indicating a beat of 6.7%. This achievement is a testament to the company’s ability to manage costs and maintain profitability despite the challenging construction industry landscape. Key highlights of the earnings report include:

EPS of $16, beating the consensus estimate of $15

Revenue of $1 billion, exceeding the consensus estimate of $05 billion

A 7% beat on EPS, demonstrating the company’s ability to manage costs and maintain profitability

Industry Context and Challenges

The construction industry is facing significant challenges, including supply chain disruptions, labor shortages, and rising material costs. These challenges have impacted the profitability of construction companies, making it difficult for them to maintain profitability.

The company has a strong presence in the construction industry, with a focus on providing high-quality products and services to its customers.

The Cement Industry in Peru

Peru is a significant player in the global cement industry, with a long history of production and trade. The country’s rich mineral resources, including limestone, clay, and sand, make it an ideal location for cement manufacturing.

Key Statistics

The Peruvian cement industry produces over 10 million tons of cement annually. The country’s cement market is valued at over $5 billion. Cement is a critical component in the construction of infrastructure projects, such as roads, bridges, and buildings. ## Cementos Pacasmayo S.A. – A Leading Player*

Cementos Pacasmayo S.A. – A Leading Player

Cementos Pacasmayo S.A. is one of the largest cement manufacturers in Peru.

Products and Services

Cementos Pacasmayo S.A. produces a range of cement products, including Portland cement, blended cement, and cement additives. The company also offers a range of cement-related services, including concrete production, construction management, and maintenance services. ## The Importance of Cement in Peru’s Construction Industry

The Importance of Cement in Peru’s Construction Industry

Cement is a critical component in the construction of infrastructure projects in Peru. The country’s construction industry relies heavily on cement to build roads, bridges, and buildings.

Benefits of Cement

Cement provides strength and durability to structures, making it an essential component in construction projects. Cement also helps to reduce the risk of structural failure, ensuring the safety of people and property.

Cementos Pacasmayo S.A.

It is the parent company of the Peruvian cement manufacturer, Cementos Pacasmayo S.A. The company was founded in 1948 by the Pacasmayo family.

Cementos Pacasmayo S.A. Overview

Cementos Pacasmayo S.A. is a Peruvian cement manufacturer that has been in operation for over 70 years. The company has a rich history, dating back to 1948 when it was founded by the Pacasmayo family. Over the years, Cementos Pacasmayo S.A. has grown and expanded its operations, becoming one of the leading cement manufacturers in Peru.

Key Facts About Cementos Pacasmayo S.A. is a holding company that owns and operates several cement manufacturing plants in Peru. The company has a strong presence in the Peruvian market, with a wide range of cement products that cater to various construction needs. is committed to sustainability and has implemented various initiatives to reduce its environmental impact. ## History of Cementos Pacasmayo S.A. has a long and storied history that spans over 70 years. The company was founded in 1948 by the Pacasmayo family, who were pioneers in the cement industry in Peru.