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Loomis AB (publ) (OTCMKTS:LOIMF) Sees Large Decrease in Short Interest

Loomis AB (publ) logo with Business Services background

Loomis AB (publ) (OTCMKTS:LOIMF - Get Free Report) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 100 shares, a drop of 99.6% from the October 15th total of 23,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Loomis AB (publ) Stock Performance

OTCMKTS:LOIMF remained flat at $31.30 during trading hours on Tuesday. Loomis AB has a one year low of $31.30 and a one year high of $31.58. The stock has a market cap of $2.24 billion, a PE ratio of 14.98 and a beta of 1.27. The stock has a fifty day moving average of $28.34 and a 200-day moving average of $25.74. The company has a quick ratio of 1.08, a current ratio of 1.12 and a debt-to-equity ratio of 0.52.

Loomis AB (publ) (OTCMKTS:LOIMF - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.66 earnings per share (EPS) for the quarter. Loomis AB (publ) had a return on equity of 11.96% and a net margin of 5.18%. The company had revenue of $731.87 million during the quarter.

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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