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

Loomis AB (publ) (OTCMKTS:LOIMF)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $29.95 and last traded at $29.95, with a volume of 803 shares traded. The stock had previously closed at $31.30.

Loomis AB (publ) Trading Down 4.3 %

The company has a fifty day simple moving average of $29.61 and a two-hundred day simple moving average of $26.13. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.12 and a quick ratio of 1.08. The company has a market capitalization of $2.15 billion, a P/E ratio of 14.98 and a beta of 1.27.

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

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.