Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Sets New 1-Year High at $8.65

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $8.65 and last traded at $8.60, with a volume of 36724 shares trading hands. The stock had previously closed at $8.36.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

The company has a quick ratio of 0.35, a current ratio of 1.22 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $6.91 and its 200 day moving average is $6.99. The firm has a market capitalization of $998.08 million, a price-to-earnings ratio of 20.37 and a beta of 1.33.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.29 EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 9.15% and a net margin of 9.06%. The company had revenue of $153.80 million for the quarter. On average, equities research analysts anticipate that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Loma Negra Compañía Industrial Argentina Sociedad Anónima

Hedge funds have recently modified their holdings of the business. Deuterium Capital Management LLC bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 1st quarter worth $67,000. Truist Financial Corp bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter worth about $200,000. Virtu Financial LLC raised its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% during the first quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock worth $252,000 after acquiring an additional 27,660 shares during the last quarter. Liontrust Investment Partners LLP acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter worth approximately $270,000. Finally, Jump Financial LLC boosted its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% in the fourth quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock valued at $394,000 after acquiring an additional 16,402 shares during the last quarter. Institutional investors and hedge funds own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.