Loomis AB (publ) (OTCMKTS:LOIMF) Sets New 12-Month Low – Here’s Why

Loomis AB (publ) (OTCMKTS:LOIMF)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $31.30 and last traded at $31.30, with a volume of 0 shares changing hands. The stock had previously closed at $31.30.

Loomis AB (publ) Price Performance

The company has a quick ratio of 1.08, a current ratio of 1.12 and a debt-to-equity ratio of 0.52. The stock has a 50 day simple moving average of $28.91 and a 200 day simple moving average of $25.91. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 14.98 and a beta of 1.27.

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

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.