Omni-Lite Industries Canada (OTCMKTS:OLNCF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and 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. “

Separately, ValuEngine upgraded shares of Omni-Lite Industries Canada from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd.

Shares of Omni-Lite Industries Canada (OLNCF) opened at $1.27 on Thursday. The stock has a market cap of $12.72, a PE ratio of 14.11 and a beta of -0.63. Omni-Lite Industries Canada has a one year low of $1.07 and a one year high of $1.61.

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Omni-Lite Industries Canada Company Profile

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.

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