Activest Wealth Management Purchases 166,017 Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Activest Wealth Management raised its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 8,478.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 167,975 shares of the company's stock after purchasing an additional 166,017 shares during the period. Loma Negra Compañía Industrial Argentina Sociedad Anónima accounts for about 0.6% of Activest Wealth Management's investment portfolio, making the stock its 25th biggest holding. Activest Wealth Management owned approximately 0.14% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $2,006,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of LOMA. abrdn plc lifted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.3% during the 3rd quarter. abrdn plc now owns 1,250,500 shares of the company's stock valued at $10,079,000 after buying an additional 16,300 shares in the last quarter. Stifel Financial Corp purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at about $2,053,000. Glenorchy Capital Ltd lifted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 196.9% in the third quarter. Glenorchy Capital Ltd now owns 230,311 shares of the company's stock valued at $1,856,000 after acquiring an additional 152,737 shares in the last quarter. JGP Global Gestao de Recursos Ltda. bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter worth about $785,000. Finally, TT International Asset Management LTD purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the third quarter worth about $386,000. Hedge funds and other institutional investors own 19.32% of the company's stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

NYSE LOMA traded up $0.13 during trading hours on Thursday, reaching $11.63. The company's stock had a trading volume of 155,275 shares, compared to its average volume of 470,158. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.70 and a 1 year high of $13.79. The company has a quick ratio of 0.43, a current ratio of 1.29 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 19.72 and a beta of 1.33. The firm's 50-day moving average price is $12.04 and its 200-day moving average price is $9.73.

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.