Loomis AB (publ) (OTCMKTS:LOIMF) Hits New 52-Week Low – What’s Next?

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

Loomis AB (publ) Stock Performance

The stock has a market capitalization of $2.24 billion, a PE ratio of 14.98 and a beta of 1.27. The company has a current ratio of 1.12, a quick ratio of 1.08 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $27.78 and a 200-day moving average price of $25.57.

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

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.