Loomis AB (OTCMKTS:LOIMF) Short Interest Down 52.4% in January

Loomis AB (OTCMKTS:LOIMF) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 3,114 shares, a decline of 52.4% from the December 31st total of 6,542 shares. Based on an average daily volume of 16 shares, the short-interest ratio is currently 194.6 days. Based on an average daily volume of 16 shares, the short-interest ratio is currently 194.6 days.

Loomis Stock Up 0.0%

Shares of OTCMKTS LOIMF opened at $42.87 on Thursday. Loomis has a twelve month low of $36.30 and a twelve month high of $43.65. The company has a quick ratio of 1.11, a current ratio of 1.16 and a debt-to-equity ratio of 0.58. The business has a fifty day simple moving average of $40.65 and a two-hundred day simple moving average of $41.78.

Loomis (OTCMKTS:LOIMF) last announced 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). Loomis had a net margin of 5.90% and a return on equity of 14.07%. The firm had revenue of $812.56 million for the quarter, compared to analysts’ expectations of $816.06 million.

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.