Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.52 earnings per share for the quarter, Zacks reports. The firm had revenue of $137.71 million during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 1.58% and a return on equity of 1.82%. During the same quarter last year, the firm posted $0.24 EPS.
Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Up 2.5 %
Shares of NYSE:LOMA traded up $0.18 during trading on Friday, hitting $7.69. 935,026 shares of the company were exchanged, compared to its average volume of 461,448. The stock has a market capitalization of $897.11 million, a P/E ratio of 57.65, a PEG ratio of 0.33 and a beta of 1.44. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.09 and a quick ratio of 0.44. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12-month low of $5.64 and a 12-month high of $7.87. The firm's 50 day moving average price is $7.01 and its 200-day moving average price is $6.71.
Wall Street Analyst Weigh In
Several research firms have commented on LOMA. Bank of America upgraded shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from an "underperform" rating to a "neutral" rating and boosted their price target for the stock from $7.10 to $8.10 in a report on Monday, April 8th. UBS Group cut shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "sell" rating and lowered their price target for the stock from $6.00 to $5.00 in a report on Thursday, April 4th.
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Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile
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Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.
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