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

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) rose 3.9% on Tuesday . The company traded as high as $11.71 and last traded at $11.60. Approximately 68,411 shares were traded during trading, a decline of 87% from the average daily volume of 529,780 shares. The stock had previously closed at $11.16.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 19.93 and a beta of 1.31. The firm has a fifty day moving average of $11.30 and a 200 day moving average of $10.58. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43.

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

A number of large investors have recently added to or reduced their stakes in LOMA. GAMMA Investing LLC boosted its holdings 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 buying an additional 2,488 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the third quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock valued at $101,000 after acquiring an additional 12,571 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter worth approximately $109,000. Systrade AG purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter worth approximately $143,000. Finally, Virtu Financial LLC increased its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the third quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock worth $153,000 after purchasing an additional 3,355 shares in the last quarter. 19.32% of the stock is currently owned by institutional investors and hedge funds.

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.