Loomis AB (publ) (OTCMKTS:LOIMF) Sees Significant Growth in Short Interest

Loomis AB (publ) (OTCMKTS:LOIMF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,900 shares, a growth of 171.4% from the March 15th total of 700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is presently 19.0 days.

Loomis AB (publ) Price Performance

Shares of OTCMKTS LOIMF remained flat at $40.32 during trading hours on Tuesday. Loomis AB has a one year low of $29.12 and a one year high of $40.32. The company has a current ratio of 1.15, a quick ratio of 1.17 and a debt-to-equity ratio of 0.52. The stock has a 50-day simple moving average of $38.53 and a 200 day simple moving average of $33.49. The stock has a market cap of $2.89 billion, a PE ratio of 18.08 and a beta of 1.14.

Loomis AB (publ) (OTCMKTS:LOIMF) last announced 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.