ValuEngine upgraded shares of Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) from a hold rating to a buy rating in a report published on Monday.

Separately, Zacks Investment Research cut Omni-Lite Industries Canada from a hold rating to a sell rating in a research note on Friday, July 28th.

Shares of Omni-Lite Industries Canada (OTCMKTS OLNCF) opened at 1.294 on Monday. Omni-Lite Industries Canada has a 52-week low of $1.07 and a 52-week high of $1.61. The company’s 50 day moving average price is $1.45 and its 200 day moving average price is $1.36. The company has a market capitalization of $13.42 million, a price-to-earnings ratio of 15.590 and a beta of -0.34.

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About Omni-Lite Industries Canada

Omni-Lite Industries Canada Inc develops, produces, and markets specialized metal matrix composite, aluminum, carbon, and stainless steel alloy products to Fortune 500 companies. It offers vibration resistant stainless steel fastener components and jet engine components for the aerospace industry; transmission valves and airbag retainer rivets for the automotive industry; inventory control cups and other components for inventory control systems for the commercial industry; links and head caps for the military sector; and ceramic track spikes for the sports and recreation industry.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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