Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Sees Unusually-High Trading Volume

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) shares saw an uptick in trading volume on Thursday . 252,289 shares traded hands during mid-day trading, a decline of 44% from the previous session’s volume of 446,674 shares.The stock last traded at $8.95 and had previously closed at $8.73.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 21.29 and a beta of 1.33. 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 $6.94 and its 200 day moving average price is $7.00.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.29 EPS for the quarter. The firm had revenue of $153.80 million during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.06% and a return on equity of 9.15%. Analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 earnings per share for the current year.

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

Several hedge funds have recently modified their holdings of LOMA. Jump Financial LLC raised its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% during the fourth quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock worth $394,000 after buying an additional 16,402 shares during the last quarter. Capital International Investors boosted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.5% in the fourth quarter. Capital International Investors now owns 7,376,453 shares of the company’s stock worth $52,299,000 after purchasing an additional 109,924 shares during the last quarter. Deuterium Capital Management LLC purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 1st quarter worth approximately $67,000. Virtu Financial LLC boosted its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% in the 1st quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock worth $252,000 after buying an additional 27,660 shares during the period. Finally, Liontrust Investment Partners LLP bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 2nd quarter valued at $270,000. Institutional investors and hedge funds 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.