Loomis AB (OTCMKTS:LOIMF) Short Interest Update

Loomis AB (OTCMKTS:LOIMF – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 317,318 shares, an increase of 145.6% from the April 15th total of 129,207 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 2 shares, the short-interest ratio is currently 158,659.0 days.

Wall Street Analysts Forecast Growth

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

Get Loomis alerts:

Check Out Our Latest Stock Analysis on Loomis

Loomis Price Performance

OTCMKTS LOIMF traded down $1.98 during mid-day trading on Friday, hitting $46.72. The stock had a trading volume of 260 shares, compared to its average volume of 3. Loomis has a 52-week low of $36.30 and a 52-week high of $48.70. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 17.24 and a beta of -0.92. The company has a 50 day simple moving average of $46.62 and a 200 day simple moving average of $43.80. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.51.

Loomis (OTCMKTS:LOIMF – Get Free Report) last released 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. Loomis had a return on equity of 14.53% and a net margin of 5.72%.The firm had revenue of $788.05 million during the quarter, compared to the consensus estimate of $784.64 million.

Loomis Company Profile

(Get Free Report)

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.

Recommended Stories

• Five stocks we like better than Loomis
• 3 Stocks to Own If Gas Prices Keep Rising
• 3 Crucial Aerospace Component Makers That Analysts Love
• Alphabet’s Googlebook Brings Gemini AI to PC Hardware
• Peloton Stock Gives Back Gains After Upbeat Earnings Report

Receive News & Ratings for Loomis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loomis and related companies with MarketBeat.com's FREE daily email newsletter.