Shares of Cementos Pacasmayo S.A.A. (CPAC) Sees Large Inflow of Net Money Flow

Cementos Pacasmayo S.A.A. (CPAC) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $1.38 million worth of transactions were on upticks, whereas, the downticks accounted for $0.04 million worth of transactions. The net money flow was a positive $1.34 million and the uptick to downtick ratio was 32.72. The net money flow into the stock was $1.37 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $1.37 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Cementos Pacasmayo S.A.A. (CPAC) was trading at $9.23, down $0.02 during day. The stock slid -0.17% over the previous days close. For the week, the stock recorded -2.18% over the previous weeks close.


Cementos Pacasmayo S.A.A. (CPAC) : The highest short term price target forecast on Cementos Pacasmayo S.A.A. (CPAC) is $9 and the lowest target price is $9. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $8.85 with a standard deviation of $0.5.

Cementos Pacasmayo S.A.A. (NYSE:CPAC): On Fridays trading session , Opening price of the stock was $8.96 with an intraday high of $9.3801. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.821. However, the stock managed to close at $9.23, a loss of 0.22% for the day. On the previous day, the stock had closed at $9.25. The total traded volume of the day was 272,505 shares.

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, Empresa de Transmison Guadalupe SAC and Zemex LLC.

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