Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Up 3.9% – Should You Buy?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s share price traded up 3.9% during trading on Tuesday . The stock traded as high as $11.71 and last traded at $11.60. 68,411 shares were traded during mid-day trading, a decline of 87% from the average session volume of 529,780 shares. The stock had previously closed at $11.16.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Up 5.4 %

The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 19.93 and a beta of 1.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29. The business’s 50 day moving average is $11.30 and its 200 day moving average is $10.58.

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 LOMA. GAMMA Investing LLC raised its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock worth $53,000 after acquiring an additional 2,488 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter worth about $109,000. Systrade AG purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter worth about $143,000. BNP Paribas Financial Markets lifted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% during the third 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 during the period. Finally, Virtu Financial LLC boosted its position in 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 last quarter. 19.32% of the stock is currently owned by institutional investors and hedge funds.

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.