Zacks Investment Research lowered shares of OMNI-LITE INDS CAN COM NPV (OTCMKTS:OLNCF) from a hold rating to a sell rating in a research note issued to investors on Thursday.

According to Zacks, “Omni-Lite Industries Canada Inc. develops, produces, and markets specialized metal matrix composite, aluminum, carbon, and stainless steel alloy products. The Company’s operating segment consists of Military, Aerospace, Specialty Automotive and Sports and Recreation. It serves primarily in the United States, Canada, and Barbados. Omni-Lite Industries Canada Inc. is headquartered in Cerritos, California. “

OMNI-LITE INDS CAN COM NPV (OTCMKTS:OLNCF) opened at 1.3111 on Thursday. The stock has a market cap of $13.65 million and a PE ratio of 22.6052. The stock has a 50 day moving average price of $1.24 and a 200-day moving average price of $1.25. OMNI-LITE INDS CAN COM NPV has a 1-year low of $1.01 and a 1-year high of $1.54.

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