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

Loomis AB (publ) (OTCMKTS:LOIMF) hit a new 52-week low 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 stock’s 50 day simple moving average is $28.48 and its two-hundred day simple moving average is $25.78. The firm has a market cap of $2.24 billion, a P/E ratio of 14.98 and a beta of 1.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.12 and a quick ratio of 1.08.

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