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Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Down 4.9% - Here's Why

Loma Negra Compañía Industrial Argentina Sociedad Anónima logo with Construction background

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report)'s share price was down 4.9% during mid-day trading on Tuesday . The stock traded as low as $11.30 and last traded at $11.35. Approximately 110,529 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 454,433 shares. The stock had previously closed at $11.94.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

The stock has a market cap of $1.38 billion, a P/E ratio of 20.04 and a beta of 1.33. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. The company's fifty day simple moving average is $12.03 and its 200-day simple moving average is $9.74.

Institutional Investors Weigh In On Loma Negra Compañía Industrial Argentina Sociedad Anónima

Several institutional investors and hedge funds have recently made changes to their positions in the company. OneDigital Investment Advisors LLC acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at $854,000. Jump Financial LLC boosted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 306.9% in the 4th quarter. Jump Financial LLC now owns 66,115 shares of the company's stock valued at $789,000 after purchasing an additional 49,865 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at $617,000. XTX Topco Ltd acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at $285,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at $270,000. Institutional investors and hedge funds own 19.32% of the company's stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

(Get Free Report)

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.

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