Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is 23.13% higher on its value in year-to-date trading and has touched a low of $5.64 and a high of $8.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LOMA stock was last observed hovering at around $8.36 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $8.73, the stock is 19.65% and 26.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 4.43% at the moment leaves the stock 26.37% off its SMA200. LOMA registered 39.68% gain for a year compared to 6-month gain of 24.54%.
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The stock witnessed a 24.36% loss in the last 1 month and extending the period to 3 months gives it a 23.48%, and is 17.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.64% over the week and 4.21% over the month.
Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) has around 2885 employees, a market worth around $1.04B and $1.01B in sales. Current P/E ratio is 10.54 and Fwd P/E is 10.39. Profit margin for the company is 9.56%. Distance from 52-week low is 54.79% and 3.68% from its 52-week high. The company has generated returns on investments over the last 12 months (11.83%).
The EPS is expected to grow by 2463.73% this year
The shares outstanding are 119.20M, and float is at 119.20M with Short Float at 0.67%.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 7.67 million shares valued at $51.86 million. The investor’s holdings represent 6.58 of the LOMA Shares outstanding. As of 2024-06-30, the second largest holder is REDWOOD CAPITAL MANAGEMENT, LLC with 4.49 million shares valued at $30.36 million to account for 3.8512 of the shares outstanding. The other top investors are MAK CAPITAL ONE LLC which holds 1.82 million shares representing 1.5642 and valued at over $12.33 million, while RWC ASSET MANAGEMENT LLP holds 1.2387 of the shares totaling 1.44 million with a market value of $9.76 million.
