Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Reaches New 1-Year High – What’s Next?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $13.00 and last traded at $12.96, with a volume of 780365 shares trading hands. The stock had previously closed at $12.01.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Up 0.1 %

The company has a market capitalization of $1.54 billion, a PE ratio of 22.41 and a beta of 1.36. The company has a quick ratio of 0.43, a current ratio of 1.29 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average price is $10.09 and its two-hundred day moving average price is $8.16.

Hedge Funds Weigh In On Loma Negra Compañía Industrial Argentina Sociedad Anónima

Institutional investors have recently bought and sold shares of the stock. Mak Capital One LLC boosted its holdings 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 valued at $12,330,000 after buying an additional 1,103,515 shares in the last quarter. Stifel Financial Corp bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the third quarter worth about $2,053,000. Glenorchy Capital Ltd grew its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 196.9% in the third 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 during the period. Ping Capital Management Inc. bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter valued at approximately $703,000. Finally, TT International Asset Management LTD bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the third quarter valued at approximately $386,000. 19.32% of the stock is owned by institutional investors.

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.