Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Up 3.9% – What’s Next?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s share price was up 3.9% on Tuesday . The stock traded as high as $11.71 and last traded at $11.60. Approximately 68,411 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 529,780 shares. The stock had previously closed at $11.16.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 1.7 %

The company has a market cap of $1.30 billion, a price-to-earnings ratio of 18.83 and a beta of 1.31. The business’s 50 day simple moving average is $11.28 and its 200-day simple moving average is $10.62. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29.

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

Institutional investors have recently modified their holdings of the company. Voloridge Investment Management LLC bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter valued at approximately $1,153,000. Two Sigma Advisers LP bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter worth about $500,000. Two Sigma Investments LP grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 280.7% in the fourth quarter. Two Sigma Investments LP now owns 205,002 shares of the company’s stock valued at $2,448,000 after acquiring an additional 151,155 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 89.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,387,794 shares of the company’s stock valued at $16,570,000 after purchasing an additional 655,533 shares in the last quarter. Finally, Glenorchy Capital Ltd grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 100.8% during the 4th quarter. Glenorchy Capital Ltd now owns 462,366 shares of the company’s stock worth $5,521,000 after acquiring an additional 232,055 shares during the last quarter. 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.