Can Loma Negra Compania Industrial Argentina Sociedad Anonima ADR’s (LOMA) hike of 2.19% in a week be considered a lucky break?

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) on Tuesday, plunged -0.28% from the previous trading day, before settling in for the closing price of $7.02. Within the past 52 weeks, LOMA’s price has moved between $5.64 and $7.87.

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A company in the Basic Materials sector has jumped its sales by 13.46% annually for the last half of the decade. The company achieved an average annual earnings per share of 3779.65%. With a float of $119.20 million, this company’s outstanding shares have now reached $119.20 million.

In an organization with 2885 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.2%, operating margin of 18.67%, and the pretax margin is 18.76%.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) Latest Financial update

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at 0) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3779.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.13% during the next five years compared to 22.80% growth over the previous five years of trading.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) Trading Performance Indicators

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) is currently performing well based on its current performance indicators. A quick ratio of 0.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.40 in one year’s time.

Technical Analysis of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA)

Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was better than the volume of 0.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.44%. Additionally, its Average True Range was 0.27.

During the past 100 days, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR’s (LOMA) raw stochastic average was set at 59.92%, which indicates a significant decrease from 85.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.29% in the past 14 days, which was higher than the 42.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.73, while its 200-day Moving Average is $6.80. However, in the short run, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR’s stock first resistance to watch stands at $7.18. Second resistance stands at $7.35. The third major resistance level sits at $7.49. If the price goes on to break the first support level at $6.87, it is likely to go to the next support level at $6.73. The third support level lies at $6.56 if the price breaches the second support level.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) Key Stats

Market capitalization of the company is 834.40 million based on 116,735K outstanding shares. Right now, sales total 1,604 M and income totals 39,160 K. The company made 149,710 K in profit during its latest quarter, and 32,590 K in sales during its previous quarter.