Loomis AB (OTCMKTS:LOIMF) Short Interest Down 36.7% in December

Loomis AB (OTCMKTS:LOIMF) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 22,371 shares, a decline of 36.7% from the November 30th total of 35,340 shares. Based on an average daily trading volume, of 5 shares, the short-interest ratio is currently 4,474.2 days. Based on an average daily trading volume, of 5 shares, the short-interest ratio is currently 4,474.2 days.

Loomis Stock Performance

OTCMKTS LOIMF opened at $38.94 on Monday. The stock’s 50 day simple moving average is $40.66 and its 200-day simple moving average is $41.25. Loomis has a 1-year low of $36.30 and a 1-year high of $43.65. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.11 and a current ratio of 1.16.

Loomis (OTCMKTS:LOIMF) last issued its quarterly earnings results on Friday, October 31st. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.05). The firm had revenue of $812.56 million for the quarter, compared to analysts’ expectations of $816.06 million. Loomis had a return on equity of 14.07% and a net margin of 5.90%.

About Loomis

Loomis AB (OTCMKTS: LOIMF) is a Swedish security company specializing in cash handling and secure logistics services. Headquartered in Stockholm, the company offers comprehensive solutions for the transportation, processing and management of banknotes, coins and other valuables. Its services are designed to support financial institutions, retailers, wholesalers and public sector organizations in maintaining secure and efficient cash operations.

The company’s core activities include cash-in-transit (CIT) operations, ATM servicing, cash processing at high-security vaults and end-to-end cash management.