Shares of Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $1.89 and traded as high as $2.1850. Omni-Lite Industries Canada shares last traded at $2.1850, with a volume of 6,907 shares traded.
Omni-Lite Industries Canada Trading Up 0.4%
The firm has a market cap of $34.70 million, a P/E ratio of 27.38 and a beta of 0.55. The business has a 50-day moving average price of $1.91 and a 200-day moving average price of $1.46.
Omni-Lite Industries Canada (OTCMKTS:OLNCF – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $0.03 earnings per share for the quarter. Omni-Lite Industries Canada had a net margin of 6.33% and a return on equity of 7.41%. The company had revenue of $4.80 million during the quarter.
About Omni-Lite Industries Canada
Omni-Lite Industries Canada Inc is an advanced manufacturing company that develops and produces lightweight, high-strength components and engineered products. Its technologies are designed to support applications where reduced weight, durability and performance are important.
The company serves several industrial markets, including aerospace, defense, automotive, and sports and recreation. Its product offerings have included precision components and specialized parts manufactured using proprietary materials and production processes, including advanced composite and powder-based technologies.
Omni-Lite Industries Canada sells its products primarily to original equipment manufacturers and other industrial customers.
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