From MarketBeat:

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) saw a significant increase in short interest in January, with 355,900 shares shorted, a 15.8% increase from the previous month. The short interest ratio is currently 1.1 days based on average trading volume of 335,600 shares.

Institutional investors such as RWC Asset Management LLP and Morgan Stanley have increased their positions in Loma Negra, owning a total of 19.07% of the company’s stock.

Analysts have set a new price target for Loma Negra, with UBS Group reducing their price target from $7.50 to $6.00 and rating the stock as “neutral.”

Shares of Loma Negra (LOMA) opened at $7.18 and have a market cap of $838.19 million. The company’s 50-day moving average price is $6.76, and it reported $242.35 million in revenue for their most recent quarter.

Loma Negra Compañía Industrial Argentina Sociedad Anónima is a company that manufactures and sells cement and its derivatives in Argentina. The company operates through various segments such as Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others.

This news alert was generated by narrative science technology and MarketBeat’s financial data to provide accurate and speedy information. MarketBeat offers an insight into the top recommendations from Wall Street analysts, which doesn’t include Loma Negra.



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