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Loomis AB (publ) (OTCMKTS:LOIMF) Short Interest Down 78.8% in March

Loomis AB (publ) logo with Business Services background
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Loomis AB (publ) (OTCMKTS:LOIMF - Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 700 shares, a drop of 78.8% from the February 28th total of 3,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7.0 days.

Loomis AB (publ) Stock Performance

Shares of LOIMF stock remained flat at $40.32 during mid-day trading on Friday. The company has a market capitalization of $2.89 billion, a P/E ratio of 18.08 and a beta of 1.14. The company has a current ratio of 1.15, a quick ratio of 1.17 and a debt-to-equity ratio of 0.52. Loomis AB has a twelve month low of $29.12 and a twelve month high of $40.32. The business's 50-day moving average price is $35.73 and its 200-day moving average price is $32.03.

Loomis AB (publ) (OTCMKTS:LOIMF - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.55 earnings per share (EPS) for the quarter. Loomis AB (publ) had a net margin of 5.40% and a return on equity of 12.42%.

About Loomis AB (publ)

(Get Free Report)

Loomis AB (publ) provides solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services, foreign exchange services, automated teller machines, automated solutions, and international valuables logistics, as well as operates Loomis Pay, a payment service that enables processing of various types of payment methods, such as card, cash, and digital alternatives.

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