Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Sets New 1-Year High – What’s Next?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $11.45 and last traded at $11.38, with a volume of 211703 shares traded. The stock had previously closed at $11.16.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 2.1 %

The company has a market cap of $1.33 billion, a price-to-earnings ratio of 19.36 and a beta of 1.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29. The stock’s fifty day moving average is $9.23 and its two-hundred day moving average is $7.77.

Institutional Trading of Loma Negra Compañía Industrial Argentina Sociedad Anónima

Several institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% during the third quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock worth $101,000 after buying an additional 12,571 shares in the last quarter. Virtu Financial LLC raised its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the third quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after purchasing an additional 3,355 shares during the last quarter. SkyView Investment Advisors LLC bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the third quarter valued at about $161,000. Truist Financial Corp bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter valued at about $200,000. Finally, Liontrust Investment Partners LLP purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter worth about $270,000. 19.32% of the stock is owned by hedge funds and other institutional investors.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

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.