Alert: Positive Investment Signals (11/20/23)-Cementos Pacasmayo SAA (NYSE: CPAC)

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Cementos Pacasmayo SAA (NYSE: CPAC). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CPAC is expected to continue to be Value Creation neutral.

Cementos Pacasmayo SAA has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cementos Pacasmayo SAA has a poor Appreciation Score of 23 but a good Power Rating of 73, producing the Low Neutral Value Trend Rating.

Recent Price Action

Cementos Pacasmayo SAA (NYSE: CPAC) stock closed at $5.55 on 11/20/23 after a large increase of 3.4%. The stock has risen 7.1% during the last week and has been strong relative to the market over the last nine months.

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