Loomis AB (publ) (OTCMKTS:LOIMF) Short Interest Down 99.6% in October

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

Loomis AB (publ) Price Performance

Shares of OTCMKTS:LOIMF opened at $31.30 on Thursday. The company has a market capitalization of $2.24 billion, a PE ratio of 14.98 and a beta of 1.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.12 and a quick ratio of 1.08. The business has a fifty day moving average price of $28.48 and a two-hundred day moving average price of $25.78. Loomis AB has a 1 year low of $31.30 and a 1 year high of $31.58.

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

Loomis AB (publ) 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.