Loomis (OTCMKTS:LOIMF) Hits New 12-Month High – Here’s What Happened

Loomis AB (OTCMKTS:LOIMF) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $48.70 and last traded at $48.70, with a volume of 2095 shares traded. The stock had previously closed at $38.9350.

Loomis Stock Performance

The stock has a 50 day moving average of $41.92 and a 200 day moving average of $42.13. 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 firm has a market cap of $3.49 billion, a price-to-earnings ratio of 20.55 and a beta of -1.45.

Loomis (OTCMKTS:LOIMF) last released its earnings results on Wednesday, February 4th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.43). Loomis had a net margin of 5.19% and a return on equity of 12.79%. The firm had revenue of $838.38 million during the quarter, compared to the consensus estimate of $857.38 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.