Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,113 shares, an increase of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 14,152 shares, the short-interest ratio is currently 0.4 days.
Omni-Lite Industries Canada Price Performance
OLNCF traded up $0.03 during trading on Thursday, reaching $1.59. 4,017 shares of the company’s stock were exchanged, compared to its average volume of 19,735. Omni-Lite Industries Canada has a 1 year low of $0.83 and a 1 year high of $1.59. The stock has a market capitalization of $24.64 million, a P/E ratio of 39.81 and a beta of 0.49. The company’s fifty day simple moving average is $1.21 and its 200-day simple moving average is $1.11.
Omni-Lite Industries Canada (OTCMKTS:OLNCF – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The industrial products company reported $0.03 EPS for the quarter. The business had revenue of $4.38 million for the quarter. Omni-Lite Industries Canada had a net margin of 2.59% and a return on equity of 2.72%.
About Omni-Lite Industries Canada
Omni-Lite Industries Canada, trading under the symbol OLNCF on the OTC Markets, is a designer and manufacturer of advanced polymer composite and carbon-fiber components for military, industrial and specialty vehicle applications. The company’s proprietary Fiber-Weld™ polymer composite wheel assemblies offer substantial weight savings, superior fatigue life and corrosion resistance compared with conventional steel wheels. In addition to its core wheel products, Omni-Lite produces carbon-fiber drive shafts, structural cross-members and custom injection-molded components engineered for demanding environments.
Founded in 1988 and headquartered in Mississauga, Ontario, Omni-Lite maintains production facilities in both Canada and the United States.
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