Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Down 4.9% – What’s Next?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) fell 4.9% during mid-day trading on Tuesday . The stock traded as low as $10.77 and last traded at $10.77. 164,831 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 524,151 shares. The stock had previously closed at $11.33.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

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 firm’s fifty day moving average price is $10.87 and its 200-day moving average price is $10.83. The company has a market cap of $1.27 billion, a P/E ratio of 18.52 and a beta of 1.03.

Institutional Investors 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 boosted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 935.8% during the 1st quarter. GAMMA Investing LLC now owns 46,147 shares of the company’s stock valued at $507,000 after acquiring an additional 41,692 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at approximately $1,153,000. Two Sigma Advisers LP acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at approximately $500,000. Two Sigma Investments LP grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 280.7% in the 4th quarter. Two Sigma Investments LP now owns 205,002 shares of the company’s stock valued at $2,448,000 after purchasing an additional 151,155 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 89.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,387,794 shares of the company’s stock valued at $16,570,000 after buying an additional 655,533 shares in the last quarter. Institutional investors own 19.32% of the company’s stock.

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.