Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is 73.20% higher on its value in year-to-date trading and has touched a low of $5.70 and a high of $14.17 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 $11.19 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $11.31, the stock is -2.03% and -5.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 1.07% at the moment leaves the stock 3.04% off its SMA200. LOMA registered -5.28% loss for a year compared to 6-month gain of -6.22%. The firm has a 50-day simple moving average (SMA 50) of $11.9158 and a 200-day simple moving average (SMA200) of $10.9758.
The stock witnessed a -9.74% loss in the last 1 month and extending the period to 3 months gives it a 2.45%, and is 0.62% 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 4.18% over the week and 4.86% over the month.
Current P/E ratio is 13.40 and Fwd P/E is 11.32. Profit margin for the company is 14.60%. Distance from 52-week low is 98.43% and -20.18% from its 52-week high. The company has generated returns on investments over the last 12 months (11.77%).
The EPS is expected to grow by 195.41% this year
77.0 institutions hold shares in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA), with institutional investors hold 20.28% of the company’s shares. The shares outstanding are 119.20M, and float is at 119.18M with Short Float at 0.32%. Institutions hold 20.28% 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 MORGAN STANLEY which holds 0.88 million shares representing 0.753 and valued at over $5.94 million, while MAK CAPITAL ONE LLC holds 0.3126 of the shares totaling 1.82 million with a market value of $12.33 million.
