Loomis AB (OTCMKTS:LOIMF) Short Interest Update

Loomis AB (OTCMKTS:LOIMF) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 317,318 shares, a growth of 145.6% from the April 15th total of 129,207 shares. Based on an average daily trading volume, of 2 shares, the short-interest ratio is currently 158,659.0 days. Approximately 0.5% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded Loomis to a “neutral” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Loomis presently has an average rating of “Hold”.

Loomis Stock Performance

Shares of LOIMF traded down $1.98 during mid-day trading on Friday, hitting $46.72. The company’s stock had a trading volume of 260 shares, compared to its average volume of 3. Loomis has a one year low of $36.30 and a one year high of $48.70. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.06 and a current ratio of 1.11. The firm has a market capitalization of $3.13 billion, a PE ratio of 17.24 and a beta of -0.92. The stock’s 50-day moving average is $46.62 and its two-hundred day moving average is $43.80.

Loomis (OTCMKTS:LOIMF) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.12. The company had revenue of $788.05 million during the quarter, compared to analysts’ expectations of $784.64 million. Loomis had a return on equity of 14.53% and a net margin of 5.72%.

Loomis Company Profile

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.