(LOOMIS) Loomis ser. - Ratings and Ratios

Loomis AB (publ) is a leading provider of secure payment solutions, operating globally with a presence in multiple countries including the United States, France, and Sweden. The company offers a comprehensive range of services, including cash transportation, cash management, and international valuables logistics, catering to a diverse client base comprising central banks, financial institutions, and businesses. With a rich history dating back to 1852, Loomis has established itself as a trusted partner in the industry, leveraging its expertise to provide innovative solutions such as automated teller machine services, foreign exchange services, and Loomis Pay, an end-to-end payment solution.

From a technical analysis perspective, Loomis AB ser. B (ST:LOOMIS) is currently trading at 371.20 SEK, slightly above its 20-day Simple Moving Average (SMA) of 370.56 SEK. The stock is below its 50-day SMA of 376.28 SEK, indicating a potential short-term downtrend. However, the stock remains above its 200-day SMA of 347.49 SEK, suggesting a longer-term uptrend. The Average True Range (ATR) is 8.51 SEK, representing a volatility of 2.29%. Given the current technical setup, a potential trading range could be between 362.69 SEK and 379.71 SEK, based on the last price and ATR.

Fundamentally, Loomis AB has a market capitalization of 25,188.89M SEK, with a Price-to-Earnings (P/E) ratio of 15.36 and a forward P/E of 10.34, indicating a relatively stable valuation. The companys Return on Equity (RoE) stands at 12.77%, suggesting a decent level of profitability. Considering the fundamental data and the current technical setup, a forecast for Loomis AB ser. B could be moderately bullish, driven by the companys diversified service offerings, global presence, and relatively stable financials. A potential price target could be around 400 SEK, representing a 7-8% upside from current levels, based on the convergence of technical and fundamental factors.

Taking into account both technical and fundamental analysis, it is likely that Loomis AB ser. B will continue to trade within a defined range in the short term, with potential for a breakout towards the upside if the company continues to deliver on its growth prospects and maintains its financial stability. Investors should closely monitor the stocks price action and adjust their strategies accordingly.