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

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

Loomis AB (publ) Stock Down 4.3 %

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 business’s fifty day moving average price is $29.61 and its 200 day moving average price is $26.13. 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 data on Tuesday, October 29th. The company reported $0.66 earnings per share for the quarter. Loomis AB (publ) had a return on equity of 11.96% and a net margin of 5.18%. The company had revenue of $731.87 million for 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.