Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA) shares, rose in value on Friday, January 24, with the stock price up by 1.67% to the previous day’s close as strong demand from buyers drove the stock to $11.59.
Actively observing the price movement in the last trading, the stock closed the session at $11.40, falling within a range of $11.4 and $11.8229. The value of beta (5-year monthly) was 1.272 whereas the PE ratio was 14.19 over 12-month period. Referring to stock’s 52-week performance, its high was $13.79, and the low was $5.70. On the whole, LOMA has fluctuated by -1.61% over the past month.
With the market capitalization of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR currently standing at about $1.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 614.96B, with a low estimate of 172.74B and a high estimate of 172.74B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 172.74B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LOMA’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of LOMA currently trading nearly -3.00% and -1.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.70, while the 7-day volatility ratio is showing 5.39% which for the 30-day chart, stands at 5.05%. Furthermore, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA)’s beta value is 1.27, and its average true range (ATR) is 0.64.
A comparison of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) with its peers suggests the former has fared considerably weaker in the market. LOMA showed an intraday change of 1.67% in last session, and over the past year, it grew by 59.86%%.
Data on historical trading for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA) indicates that the trading volumes over the past 10 days have averaged 0.53 and over the past 3 months, they’ve averaged 769.93K. According to company’s latest data on outstanding shares, there are 119.20 million shares outstanding.
Loma Negra Compania Industrial Argentina Sociedad Anonima ADR’s shares belong to company insiders and institutional investors own 18.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.61 million shares as on 2024-12-31, resulting in a short ratio of 0.79. According to the data, the short interest in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) stood at 108.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 0.79 million. The stock has fallen by -2.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LOMA stock heading into the next quarter.
