Zacks Investment Research downgraded Cementos Pacasmayo ADR (NYSE:CPAC) to Sell in a report released today.
- Updated: September 17, 2016
Zacks Investment Research has downgraded Cementos Pacasmayo ADR(NYSE:CPAC) to Sell in a statement released on 8/18/2016.
On 3/15/2016, UBS Securities reported on Cementos Pacasmayo ADR(NYSE:CPAC) upped the target price from $0.00 to $8.60 that suggested an upside of 0.18%.
Only yesterday Cementos Pacasmayo ADR (NYSE:CPAC) traded 2.25% higher at $9.34. CPAC’s 50-day moving average is $9.37 and its two hundred day average is $8.70. The last close is up 9.57% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trade volume was was down over the average, with 4,386 shares of CPAC changing hands under the typical 30,002 shares..
Recent Performance Chart:
Cementos Pacasmayo ADR has a 52 week low of $5.45 and a one-year high of $10.30. Cementos Pacasmayo ADR’s market cap is presently $0.0.
Also covering Cementos Pacasmayo ADR’s stock price target, a total of 8 brokers have released a report on CPAC. The 12-month target is $8.70 with 0 rating the company a strong buy, four analysts rating the company a buy, three analyts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the company as sell.
General Company Details For Cementos Pacasmayo ADR (NYSE:CPAC)
Pacasmayo Cement Corp, formerly Cementos Pacasmayo SAA, is a Peru-based company principally engaged in the production, distribution and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others. It manages mining units and exploration projects located in the provinces of Rioja, Tembladera, Bongara and Bayovar. Additionally, the Company provides various services and construction solutions, such as concrete pumping, metal shuttering systems, pavement service and delivery of construction materials. The Company owns such subsidiaries as Distribuidora Norte Pacasmayo SRL, Salmueras Sudamericanas SA, Fosfatos del Pacifico SA, Cementos Selva SA, and Empresa de Transmison Guadalupe SAC and Zemex LLC.
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