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

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

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Up 2.3 %

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

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

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Deuterium Capital Management LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 1st quarter worth approximately $67,000. Truist Financial Corp purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 2nd quarter worth approximately $200,000. Virtu Financial LLC boosted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% in the 1st quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock worth $252,000 after buying an additional 27,660 shares during the last quarter. Liontrust Investment Partners LLP purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at approximately $270,000. Finally, Jump Financial LLC lifted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% during the 4th quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock valued at $394,000 after buying an additional 16,402 shares during the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

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.