LOMA Stock Summary and Trading Ideas (Loma Negra Cia Industria | NYSE:LOMA)

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.

Loma Negra Cia Industria trades on the NYSE stock market under the symbol LOMA.

As of April 24, 2024, LOMA stock price declined to $7.02 with 206,754 million shares trading.

LOMA has a beta of 0.56, meaning it tends to be less sensitive to market movements. LOMA has a correlation of 0.05 to the broad based SPY ETF.

LOMA has a market cap of $836.82 million. This is considered a Small Cap stock.

Last quarter Loma Negra Cia Industria reported $182 million in Revenue and -$.41 earnings per share. This beat revenue expectation by $35 million and missed earnings estimates by -$.25.

In the last 3 years, LOMA stock traded as high as $8.26 and as low as $4.45.

The top ETF exchange traded funds that LOMA belongs to (by Net Assets): ARGT.

LOMA has underperformed the market in the last year with a price return of +14.3% while the SPY ETF gained +24.2%. LOMA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.2% and -6.6%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

LOMA support price is $6.88 and resistance is $7.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOMA stock will trade within this expected range on the day.