Loomis AB (publ) (OTCMKTS:LOIMF) Hits New 52-Week Low – Here’s Why

Loomis AB (publ) (OTCMKTS:LOIMF) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $31.30 and last traded at $31.30, with a volume of 0 shares trading hands. The stock had previously closed at $31.30.

Loomis AB (publ) Price Performance

The stock has a market capitalization of $2.24 billion, a P/E ratio of 14.98 and a beta of 1.39. 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 stock’s 50 day simple moving average is $27.35 and its 200 day simple moving average is $25.44.

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.