Loma Negra Compania Indl Argentina SA (NYSE:LOMA) shares rose 7.9% on Friday . The company traded as high as $9.97 and last traded at $9.79. Approximately 645,081 shares were traded during trading, an increase of 70% from the average daily volume of 380,459 shares. The stock had previously closed at $9.07.

Several analysts have recently commented on LOMA shares. Zacks Investment Research downgraded Loma Negra Compania Indl Argentina from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 20th. ValuEngine raised Loma Negra Compania Indl Argentina from a “sell” rating to a “hold” rating in a research note on Monday, March 25th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Loma Negra Compania Indl Argentina currently has an average rating of “Hold” and an average target price of $16.00.

The company has a market capitalization of $1.13 billion, a P/E ratio of 23.88 and a beta of -0.10. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.80 and a quick ratio of 0.39.

Loma Negra Compania Indl Argentina (NYSE:LOMA) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.22 EPS for the quarter. The firm had revenue of $191.22 million during the quarter. Loma Negra Compania Indl Argentina had a return on equity of 17.89% and a net margin of 9.19%. As a group, analysts anticipate that Loma Negra Compania Indl Argentina SA will post 0.79 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of the company. FMR LLC raised its stake in shares of Loma Negra Compania Indl Argentina by 22.4% in the first quarter. FMR LLC now owns 113,143 shares of the company’s stock worth $1,239,000 after purchasing an additional 20,680 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Loma Negra Compania Indl Argentina in the first quarter worth approximately $201,000. BlueCrest Capital Management Ltd purchased a new stake in shares of Loma Negra Compania Indl Argentina in the first quarter worth approximately $426,000. Morgan Stanley raised its stake in shares of Loma Negra Compania Indl Argentina by 91.5% in the first quarter. Morgan Stanley now owns 148,451 shares of the company’s stock worth $1,625,000 after purchasing an additional 70,931 shares during the last quarter. Finally, Dynamo Administracao de Recursos Ltda. purchased a new stake in shares of Loma Negra Compania Indl Argentina in the first quarter worth approximately $547,000. 30.64% of the stock is owned by hedge funds and other institutional investors.

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About Loma Negra Compania Indl Argentina (NYSE:LOMA)

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and markets cement and its by-products in Argentina and Paraguay. It operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. The company offers masonry cement, aggregate, ready-mix concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.

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