Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Down 3.8% – Time to Sell?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMAGet Free Report) shares traded down 3.8% during mid-day trading on Wednesday . The stock traded as low as $12.18 and last traded at $12.45. 266,194 shares changed hands during trading, a decline of 48% from the average session volume of 507,171 shares. The stock had previously closed at $12.94.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Down 4.6 %

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 21.90 and a beta of 1.36. The company’s fifty day moving average price is $9.50 and its 200-day moving average price is $7.90.

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

A number of large investors have recently bought and sold shares of the company. SkyView Investment Advisors LLC purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at approximately $161,000. Virtu Financial LLC boosted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the third quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after buying an additional 3,355 shares during the last quarter. TT International Asset Management LTD purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at approximately $386,000. Stifel Financial Corp purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at approximately $2,053,000. Finally, BNP Paribas Financial Markets boosted its position in 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 buying an additional 12,571 shares during the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

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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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