Man Group plc Makes New Investment in Old Market Capital Corporation $OMCC

Man Group plc acquired a new stake in shares of Old Market Capital Corporation (NASDAQ:OMCC) during the second quarter, Holdings Channel reports. The firm acquired 341,732 shares of the company’s stock, valued at approximately $13,984,000.

Several other large investors also recently modified their holdings of OMCC. BlackRock Inc. acquired a new position in shares of Old Market Capital in the 2nd quarter worth approximately $1,076,514,000. GQG Partners LLC acquired a new stake in Old Market Capital in the 2nd quarter valued at $72,050,000. Legal & General Group Plc acquired a new stake in Old Market Capital in the 2nd quarter valued at $14,086,000. Heartland Advisors Inc. bought a new stake in Old Market Capital in the second quarter valued at $7,026,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Old Market Capital in the second quarter valued at $6,606,000. 39.87% of the stock is currently owned by institutional investors.

Old Market Capital Stock Performance

Old Market Capital stock opened at $4.50 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.55 and a quick ratio of 4.31. The stock has a fifty day moving average price of $4.28 and a two-hundred day moving average price of $4.35. Old Market Capital Corporation has a 52-week low of $2.72 and a 52-week high of $5.99. The firm has a market capitalization of $31.09 million, a P/E ratio of -14.52 and a beta of 0.83.

About Old Market Capital

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.