Loomis AB (publ) (OTCMKTS:LOIMF) Reaches New 12-Month High – Should You Buy?

Shares of Loomis AB (publ) (OTCMKTS:LOIMF) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.98 and last traded at $31.98, with a volume of 150 shares traded. The stock had previously closed at $29.95.

Loomis AB (publ) Stock Performance

The company has a 50 day moving average price of $30.98 and a 200-day moving average price of $26.65. The company has a market cap of $2.29 billion, a P/E ratio of 14.33 and a beta of 1.39. The company has a quick ratio of 1.08, a current ratio of 1.12 and a debt-to-equity ratio of 0.52.

Loomis AB (publ) (OTCMKTS:LOIMF) last announced its earnings results on Tuesday, October 29th. The company reported $0.66 earnings per share for the quarter. The business had revenue of $731.87 million during the quarter. Loomis AB (publ) had a return on equity of 11.96% and a net margin of 5.18%.

About Loomis AB (publ)

Loomis AB (publ) provides solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services, foreign exchange services, automated teller machines, automated solutions, and international valuables logistics, as well as operates Loomis Pay, a payment service that enables processing of various types of payment methods, such as card, cash, and digital alternatives.