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

Loomis AB (publ) (OTCMKTS:LOIMF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 78.8% from the February 28th total of 3,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7.0 days. Currently, 0.0% of the company’s stock are short sold.

Loomis AB (publ) Price Performance

Shares of OTCMKTS LOIMF opened at $40.32 on Thursday. The firm has a market cap of $2.89 billion, a P/E ratio of 18.08 and a beta of 1.14. The company has a 50 day moving average of $35.29 and a 200 day moving average of $31.80. Loomis AB has a twelve month low of $29.12 and a twelve month high of $40.32. The company has a quick ratio of 1.17, a current ratio of 1.15 and a debt-to-equity ratio of 0.52.

Loomis AB (publ) (OTCMKTS:LOIMF) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.55 EPS for the quarter. Loomis AB (publ) had a return on equity of 12.42% and a net margin of 5.40%.

About Loomis AB (publ)

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.