Loomis AB (OTCMKTS:LOIMF) Short Interest Update

Loomis AB (OTCMKTS:LOIMF) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 6,542 shares, a drop of 70.8% from the December 15th total of 22,371 shares. Based on an average daily volume of 46 shares, the days-to-cover ratio is presently 142.2 days. Based on an average daily volume of 46 shares, the days-to-cover ratio is presently 142.2 days.

Loomis Stock Performance

Shares of Loomis stock opened at $42.87 on Tuesday. Loomis has a 52-week low of $36.30 and a 52-week high of $43.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.16 and a quick ratio of 1.11. The company’s fifty day moving average price is $40.65 and its two-hundred day moving average price is $41.51.

Loomis (OTCMKTS:LOIMF) last issued its earnings results on Friday, October 31st. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.05). The business had revenue of $812.56 million for the quarter, compared to analyst estimates of $816.06 million. Loomis had a net margin of 5.90% and a return on equity of 14.07%.

Loomis Company Profile

Loomis AB (OTCMKTS: LOIMF) is a Swedish security company specializing in cash handling and secure logistics services. Headquartered in Stockholm, the company offers comprehensive solutions for the transportation, processing and management of banknotes, coins and other valuables. Its services are designed to support financial institutions, retailers, wholesalers and public sector organizations in maintaining secure and efficient cash operations.

The company’s core activities include cash-in-transit (CIT) operations, ATM servicing, cash processing at high-security vaults and end-to-end cash management.