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What is the Market's View on Cementos Pacasmayo ADR ADR (CPAC) Stock's Price and Volume Trends Monday?

Monday, July 25, 2022 02:00 PM | InvestorsObserver Analysts

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What is the Market's View on Cementos Pacasmayo ADR ADR (CPAC) Stock's Price and Volume Trends Monday?

Overall market sentiment has been high on Cementos Pacasmayo ADR ADR (CPAC) stock lately. CPAC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Cementos Pacasmayo ADR ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CPAC!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CPAC Stock Today?

Cementos Pacasmayo ADR ADR (CPAC) stock has risen 3.41% while the S&P 500 has fallen -0.12% as of 1:17 PM on Monday, Jul 25. CPAC is higher by $0.17 from the previous closing price of $4.98 on volume of 11,716 shares. Over the past year the S&P 500 is down -10.52% while CPAC has fallen -19.03%. CPAC earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.3. To screen for more stocks like Cementos Pacasmayo ADR ADR click here.

More About Cementos Pacasmayo ADR ADR

Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru. Click Here to get the full Stock Report for Cementos Pacasmayo ADR ADR stock.

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