Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Trading Down 4.9% – Time to Sell?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) traded down 4.9% during trading on Tuesday . The company traded as low as $11.30 and last traded at $11.35. 110,529 shares were traded during mid-day trading, a decline of 76% from the average session volume of 454,433 shares. The stock had previously closed at $11.94.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 5.8 %

The business has a 50 day moving average of $12.09 and a 200 day moving average of $9.64. 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 firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 19.00 and a beta of 1.33.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LOMA. INCA Investments LLC bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at $8,986,000. William Blair Investment Management LLC bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at $3,867,000. Stifel Financial Corp bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at $2,053,000. Activest Wealth Management grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 8,478.9% in the fourth quarter. Activest Wealth Management now owns 167,975 shares of the company’s stock valued at $2,006,000 after acquiring an additional 166,017 shares during the period. Finally, Glenorchy Capital Ltd grew its position 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 valued at $1,856,000 after acquiring an additional 152,737 shares during the period. 19.32% of the stock is currently owned by institutional investors and hedge funds.

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.