Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Shares Gap Down – What’s Next?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $11.79, but opened at $11.12. Loma Negra Compañía Industrial Argentina Sociedad Anónima shares last traded at $11.36, with a volume of 181,319 shares trading hands.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Up 0.1 %

The firm’s 50 day moving average price is $11.98 and its 200-day moving average price is $9.92. 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 has a market cap of $1.38 billion, a P/E ratio of 20.10 and a beta of 1.33.

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

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised 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 worth $53,000 after buying an additional 2,488 shares during the period. BNP Paribas Financial Markets increased 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 worth $101,000 after purchasing an additional 12,571 shares in the last quarter. SG Americas Securities LLC bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at approximately $109,000. Systrade AG acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at approximately $143,000. Finally, Virtu Financial LLC boosted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the third quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after buying an additional 3,355 shares during the period. 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.