Old Market Capital (NASDAQ:OMCC) Shares Down 1% – Time to Sell?

Old Market Capital Corporation (NASDAQ:OMCC)’s stock price fell 1% during trading on Friday . The stock traded as low as $4.94 and last traded at $4.94. 700 shares changed hands during trading, a decline of 98% from the average session volume of 28,314 shares. The stock had previously closed at $4.99.

Old Market Capital Stock Down 1.0%

The stock’s 50 day simple moving average is $4.09 and its two-hundred day simple moving average is $4.90. The firm has a market cap of $33.54 million, a P/E ratio of -15.44 and a beta of 1.02. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.55 and a quick ratio of 4.31.

Institutional Investors Weigh In On Old Market Capital

A hedge fund recently raised its stake in Old Market Capital stock. Sandia Investment Management LP raised its stake in Old Market Capital Corporation (NASDAQ:OMCC) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,491 shares of the company’s stock after acquiring an additional 4,649 shares during the period. Sandia Investment Management LP owned approximately 0.60% of Old Market Capital worth $210,000 as of its most recent SEC filing. Institutional investors and hedge funds own 39.87% of the company’s stock.

Old Market Capital Company Profile

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.