Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $9.48 and last traded at $9.35, with a volume of 331550 shares traded. The stock had previously closed at $9.08.
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 stock's 50-day moving average price is $8.13 and its 200-day moving average price is $7.36. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 14.89 and a beta of 1.31.
Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.29 EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.06% and a return on equity of 9.15%. The business had revenue of $153.80 million for the quarter. On average, sell-side analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.75 earnings per share for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors boosted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 4.1% during the first quarter. Capital International Investors now owns 7,681,037 shares of the company's stock valued at $51,309,000 after buying an additional 304,584 shares during the last quarter. Ping Capital Management Inc. bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter valued at about $703,000. Glenorchy Capital Ltd grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 196.9% in the 3rd quarter. Glenorchy Capital Ltd now owns 230,311 shares of the company's stock worth $1,856,000 after purchasing an additional 152,737 shares in the last quarter. Liontrust Investment Partners LLP purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 2nd quarter valued at about $270,000. Finally, Mak Capital One LLC lifted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 153.2% during the 2nd quarter. Mak Capital One LLC now owns 1,823,913 shares of the company's stock worth $12,330,000 after buying an additional 1,103,515 shares in the last quarter. Institutional investors own 19.32% of the company's stock.
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.
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