Cementos Pacasmayo SAA CPAC was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.15–$8.02 in the past one-month time frame.
In the last 30 days, the company has seen one upward estimate revision but the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cementos Pacasmayo currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
A better-ranked Building-Cement/CNT/AG stock is CEMEX, S.A.B. de C.V. CX, which sports a Zacks Rank #1 (Strong Buy).
Is CPAC going up? Or down? Predict to see what others think: Up or Down
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