Short Interest in Loomis AB (publ) (OTCMKTS:LOIMF) Drops By 78.8%

Loomis AB (publ) (OTCMKTS:LOIMF) saw a significant decrease in short interest in 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 7.0 days.

Loomis AB (publ) Stock Performance

Shares of OTCMKTS LOIMF remained flat at $40.32 during midday trading on Wednesday. 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’s 50 day moving average is $35.29 and its 200 day moving average is $31.80. Loomis AB has a 12-month low of $29.12 and a 12-month high of $40.32. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.15 and a quick ratio of 1.17.

Loomis AB (publ) (OTCMKTS:LOIMF) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.55 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)

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.