Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is -8.79% lower on its value in year-to-date trading and has touched a low of $5.70 and a high of $13.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LOMA stock was last observed hovering at around $10.92 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $10.89, the stock is 2.46% and -0.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -0.27% at the moment leaves the stock 12.66% off its SMA200. LOMA registered 58.52% gain for a year compared to 6-month gain of 30.73%. The firm has a 50-day simple moving average (SMA 50) of $10.9294 and a 200-day simple moving average (SMA200) of $9.66645.
The stock witnessed a -3.29% loss in the last 1 month and extending the period to 3 months gives it a -1.80%, and is 19.67% 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 8.11% over the week and 7.14% over the month.
Current P/E ratio is 9.14 and Fwd P/E is 9.11. Profit margin for the company is 21.13%. Distance from 52-week low is 91.07% and -21.03% from its 52-week high. The company has generated returns on investments over the last 12 months (16.56%).
The EPS is expected to grow by 255.33% this year
76.0 institutions hold shares in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA), with institutional investors hold 18.61% of the company’s shares. The shares outstanding are 119.20M, and float is at 119.18M with Short Float at 0.76%. Institutions hold 18.61% of the Float.
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 1.3149 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 0.7696 of the shares outstanding. The other top investors are MAK CAPITAL ONE LLC which holds 1.82 million shares representing 0.3126 and valued at over $12.33 million, while RWC ASSET MANAGEMENT LLP holds 0.2475 of the shares totaling 1.44 million with a market value of $9.76 million.
