Loomis (OTCMKTS:LOIMF) Shares Gap Up – Here’s What Happened

Loomis AB (OTCMKTS:LOIMF) shares gapped up prior to trading on Monday . The stock had previously closed at $36.30, but opened at $38.9350. Loomis shares last traded at $38.9350, with a volume of 317 shares traded.

Loomis Price Performance

The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 15.89 and a beta of -1.55. The business’s 50-day moving average is $42.39 and its 200-day moving average is $41.33. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.04.

Loomis (OTCMKTS:LOIMF) last released its quarterly earnings results on Friday, October 31st. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.05). The firm had revenue of $812.56 million during the quarter, compared to analyst estimates of $816.06 million. Loomis had a net margin of 5.73% and a return on equity of 13.56%.

Loomis Company Profile

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.