Loomis AB (publ) (OTCMKTS:LOIMF) Stock Price Up 20.4% – Time to Buy?

Loomis AB (publ) (OTCMKTS:LOIMF) shares traded up 20.4% on Wednesday . The company traded as high as $35.05 and last traded at $35.05. 300 shares were traded during mid-day trading, an increase of 0% from the average session volume of 300 shares. The stock had previously closed at $29.12.

Loomis AB (publ) Price Performance

The stock’s 50 day simple moving average is $30.77 and its two-hundred day simple moving average is $28.54. The company has a current ratio of 1.21, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55.

Loomis AB (publ) (OTCMKTS:LOIMF) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.55 earnings per share for the quarter. Loomis AB (publ) had a return on equity of 11.99% 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.