Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Down 4.9% – Time to Sell?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) shares fell 4.9% on Tuesday . The company traded as low as $11.30 and last traded at $11.35. 110,529 shares were traded during mid-day trading, a decline of 76% from the average session 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 50 day moving average of $12.09 and a two-hundred day moving average of $9.64. The stock has a market cap of $1.31 billion, a PE ratio of 19.00 and a beta of 1.33. 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 and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% during the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock valued at $53,000 after acquiring an additional 2,488 shares in the last quarter. SG Americas Securities LLC purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter valued at about $109,000. Systrade AG purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter valued at about $143,000. BNP Paribas Financial Markets grew its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock valued at $101,000 after acquiring an additional 12,571 shares in the last quarter. Finally, Virtu Financial LLC grew its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the 3rd quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after acquiring an additional 3,355 shares in the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

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.