Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) Stock Sees a3.71 Increase

In the past week, LOMA stock has gone up by 16.69%, with a monthly gain of 23.50% and a quarterly surge of 22.63%. The volatility ratio for the week is 4.80%, and the volatility levels for the last 30 days are 3.86% for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR The simple moving average for the last 20 days is 18.83% for LOMA’s stock, with a simple moving average of 25.50% for the last 200 days.

Is It Worth Investing in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) Right Now?

The price-to-earnings ratio for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is 10.47x, which is above its average ratio. Moreover, the 36-month beta value for LOMA is 1.27. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for LOMA is 119.20M and currently, short sellers hold a 0.67% of that float. On September 18, 2024, LOMA’s average trading volume was 423.46K shares.

LOMA) stock’s latest price update

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) has experienced a rise in its stock price by 3.71 compared to its previous closing price of 8.36. However, the company has seen a gain of 16.69% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-28 that Loma Negra’s 2Q24 results were poor, with a 30% drop in sold volumes, halted production, and a challenging Argentinian macroeconomy impacting performance. Despite the downturn, margins improved due to cost-cutting measures, but the long-term viability of halted production is questionable. Brazilian controller Intercement’s financial troubles and potential sale of Loma’s stake could spur interest from strategic players, but not likely to affect stock price.

Analysts’ Opinion of LOMA

UBS, on the other hand, stated in their research note that they expect to see LOMA reach a price target of $5, previously predicting the price at $6. The rating they have provided for LOMA stocks is “Sell” according to the report published on April 04th, 2024.

Morgan Stanley gave a rating of “Equal-Weight” to LOMA, setting the target price at $6 in the report published on August 27th of the previous year.

LOMA Trading at 25.73% from the 50-Day Moving Average

After a stumble in the market that brought LOMA to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.97% of gains for the given period.

Volatility was left at 3.86%, however, over the last 30 days, the volatility rate increased by 4.80%, as shares surge +22.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.81% upper at present.

During the last 5 trading sessions, LOMA rose by +14.94%, which changed the moving average for the period of 200-days by +30.98% in comparison to the 20-day moving average, which settled at $7.37. In addition, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR saw 22.28% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for LOMA

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.25 for the gross margin

The net margin for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR stands at 0.11. The total capital return value is set at 0.1. Equity return is now at value 15.48, with 7.67 for asset returns.

Based on Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 1.77.

Currently, EBITDA for the company is 264.79 billion with net debt to EBITDA at 0.98. When we switch over and look at the enterprise to sales, we see a ratio of 1.99. The receivables turnover for the company is 8.81for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

Conclusion

To wrap up, the performance of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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