Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is 46.83% higher on its value in year-to-date trading and has touched a low of $5.70 and a high of $10.67 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 $10.19 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $10.41, the stock is 12.90% and 20.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 2.16% at the moment leaves the stock 42.27% off its SMA200. LOMA registered 77.65% gain for a year compared to 6-month gain of 38.06%. The firm has a 50-day simple moving average (SMA 50) of $8.5452 and a 200-day simple moving average (SMA200) of $7.3011.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 24.97% loss in the last 1 month and extending the period to 3 months gives it a 48.29%, and is 5.36% 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 4.17% over the week and 3.74% over the month.
Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) has around 2885 employees, a market worth around $1.24B and $966.39M in sales. Current P/E ratio is 12.75 and Fwd P/E is 11.15. Profit margin for the company is 9.86%. Distance from 52-week low is 82.64% and -2.40% from its 52-week high. The company has generated returns on investments over the last 12 months (10.85%).
The EPS is expected to grow by 2823.14% this year
The shares outstanding are 119.20M, and float is at 119.20M with Short Float at 0.45%.
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.
