Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Stock Price Up 4%

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) shares rose 4% during trading on Monday . The company traded as high as $8.31 and last traded at $8.29. Approximately 276,795 shares were traded during trading, a decline of 37% from the average daily volume of 438,210 shares. The stock had previously closed at $7.97.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

The company has a current ratio of 1.22, a quick ratio of 0.35 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $6.91 and a 200 day simple moving average of $6.99. The stock has a market capitalization of $1.02 billion, a P/E ratio of 20.98 and a beta of 1.33.

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

Institutional Trading of Loma Negra Compañía Industrial Argentina Sociedad Anónima

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOMA. Deuterium Capital Management LLC bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the first quarter valued at approximately $67,000. Truist Financial Corp bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at approximately $200,000. Virtu Financial LLC grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% in the first quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock valued at $252,000 after acquiring an additional 27,660 shares in the last quarter. Liontrust Investment Partners LLP bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at approximately $270,000. Finally, Jump Financial LLC grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% in the fourth quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock valued at $394,000 after acquiring an additional 16,402 shares in the last quarter. 19.32% of the stock is owned by institutional investors.

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.