Loomis AB (OTCMKTS:LOIMF) Short Interest Up 61.5% in October

Loomis AB (OTCMKTS:LOIMF) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 6,300 shares, a growth of 61.5% from the September 30th total of 3,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 63.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 63.0 days.

Loomis Price Performance

LOIMF stock opened at $42.89 on Tuesday. Loomis has a twelve month low of $42.85 and a twelve month high of $43.65. The company has a quick ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 0.53. The stock’s 50 day moving average is $42.98 and its 200-day moving average is $41.12. The firm has a market capitalization of $3.07 billion, a PE ratio of 17.50 and a beta of -1.54.

Loomis (OTCMKTS:LOIMF) last posted its earnings results on Friday, October 31st. The company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.05). Loomis had a net margin of 5.73% and a return on equity of 13.56%. The company had revenue of $812.56 million during the quarter, compared to the consensus estimate of $816.06 million.

About Loomis

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.