Omnitek Engineering (OTCMKTS:OMTK) Issues Earnings Results

Omnitek Engineering (OTCMKTS:OMTK) posted its quarterly earnings data on Tuesday. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. Omnitek Engineering had a net margin of 7.23% and a negative return on equity of 8.00%.

Omnitek Engineering Price Performance

Shares of OMTK remained flat at $0.01 during mid-day trading on Tuesday. Omnitek Engineering has a 1 year low of $0.01 and a 1 year high of $0.06. The firm’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.02. The stock has a market capitalization of $302,662.92, a price-to-earnings ratio of 1.38 and a beta of -0.25.

Omnitek Engineering Company Profile

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters.