Omron (OTCMKTS:OMRNY) Shares Gap Down – Here’s What Happened

Omron Corp. (OTCMKTS:OMRNY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $35.32, but opened at $31.25. Omron shares last traded at $30.90, with a volume of 5,518 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Omron Stock Performance

The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 39.87, a PEG ratio of 0.55 and a beta of 0.91. The stock’s fifty day moving average is $27.89 and its 200-day moving average is $27.13. The company has a quick ratio of 1.37, a current ratio of 2.11 and a debt-to-equity ratio of 0.13.

Omron (OTCMKTS:OMRNY) last posted its earnings results on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.19). Omron had a return on equity of 2.46% and a net margin of 2.80%.The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. On average, analysts forecast that Omron Corp. will post 0.42 EPS for the current year.

Institutional Investors Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its holdings in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. 1.09% of the stock is currently owned by hedge funds and other institutional investors.

Omron Company Profile

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.