Loomis AB (publ) (OTCMKTS:LOIMF) Trading Up 20.4% – Still a Buy?

Shares of Loomis AB (publ) (OTCMKTS:LOIMF) were up 20.4% on Wednesday . The stock traded as high as $35.05 and last traded at $35.05. Approximately 300 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 300 shares. The stock had previously closed at $29.12.

Loomis AB (publ) Stock Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.17 and a current ratio of 1.21. The business has a 50-day moving average price of $30.56 and a 200-day moving average price of $28.45.

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.