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Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Hits New 1-Year High - Here's Why

Loma Negra Compañía Industrial Argentina Sociedad Anónima logo with Construction background

Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) reached a new 52-week high on Friday . The company traded as high as $9.04 and last traded at $9.01, with a volume of 311720 shares trading hands. The stock had previously closed at $8.63.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.22 and a quick ratio of 0.35. The business has a 50 day moving average price of $7.91 and a 200 day moving average price of $7.29. The stock has a market capitalization of $1.08 billion, a PE ratio of 15.10 and a beta of 1.33.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $153.80 million during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.06% and a return on equity of 9.15%. As a group, equities research analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.75 earnings per share for the current year.

Institutional Trading of Loma Negra Compañía Industrial Argentina Sociedad Anónima

Large investors have recently made changes to their positions in the stock. Deuterium Capital Management LLC bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the first quarter worth $67,000. Truist Financial Corp purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 2nd quarter valued at about $200,000. Virtu Financial LLC lifted 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 purchasing an additional 27,660 shares during the period. Liontrust Investment Partners LLP purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter worth approximately $270,000. Finally, Ping Capital Management Inc. bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter valued at approximately $703,000. 19.32% of the stock is currently owned by institutional investors.

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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