Cementos Pacasmayo S.A.A. ADR (CPAC) saw an uptrend of 52.22% in the recent trading with $10.64 being its most recent. The current price level 40.55% lower than the highest price of $7.57 marked by the stock while trading over the past 52-weeks, whereas it is 108.63% higher than the lowest price of $5.10 the company dropped to over past 52-weeks. The latest news story on CPAC appeared in (Business Wire) under the title “Cementos Pacasmayo S.A.A. Announced Today That the Swiss Company Holcim, the World’s Leading Cement Company, Has Signed an Agreement to Purchase Inversiones Aspi, of the Hochschild Group, Which Controls 50.01% of Cementos PACASMAYO”.
Squeezing the time span to 30 day period shows us the stock is currently trading -5.84% below one month high and is +70.24% above of the lowest during that time. Looking into the simple moving average, Cementos Pacasmayo S.A.A. ADR (CPAC)’s stock stands at a SMA-50 of $7.16 while that of 5-day is reading $7.61.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and CPAC’s SMA-200 as of now is $6.33.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.60 for the stock.
Cementos Pacasmayo S.A.A. ADR Earnings – What Happened With CPAC
Coming around sales and income figures on CPAC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CPAC – Cementos Pacasmayo S.A.A. ADR Stock Earnings Estimates
The perspective of Cementos Pacasmayo S.A.A. ADR (NYSE:CPAC)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.04 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.05.
Cementos Pacasmayo S.A.A. ADR – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 84.77 million. CPAC does have institutional investors; and they hold 1.16% of the stock.
As on 2024-06-30, SAGIL CAPITAL LLP was the top most holder in Cementos Pacasmayo S.A.A. ADR (NYSE:CPAC) with an ownership of 0.21 million shares of the company or 0.049 of the stake worth $1.2 million. The filing also reveals MORGAN STANLEY as the second largest holder in the company with a control over 0.0286 of the outstanding shares. Its stake is worth $0.14 million for having 24463.0 shares in hand.
DIMENSIONAL FUND ADVISORS LP also came holding a key position in the company during the recent quarter and it now holds 0.0204 of the outstanding shares. With this there are now 20.0 institutions which have possession in CPAC’s shares.
Key Metrics for CPAC
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Cementos Pacasmayo S.A.A. ADR has a debt to equity ratio of 1.03.
Technical Analysis of Cementos Pacasmayo S.A.A. ADR (NYSE:CPAC) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Cementos Pacasmayo S.A.A. ADR (CPAC), we notice that the stock’s 20-day average volume is at 192,020 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 85,834 shares. And to end, CPAC’s 100-day average volume is 45,726 shares with 100% of the long-term indicators pointing towards Buy for the stock.
