Omron (OTCMKTS:OMRNY) Stock Price Down 3.6% – What’s Next?

Shares of Omron Corp. (OTCMKTS:OMRNY) dropped 3.6% on Friday . The stock traded as low as $39.4031 and last traded at $39.4031. Approximately 760 shares changed hands during trading, a decline of 99% from the average daily volume of 54,526 shares. The stock had previously closed at $40.8750.

Analyst Upgrades and Downgrades

Several brokerages recently commented on OMRNY. Jefferies Financial Group lowered shares of Omron from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Zacks Research raised shares of Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Omron presently has a consensus rating of “Hold”.

Omron Price Performance

The company has a 50-day moving average of $36.81 and a 200 day moving average of $33.90. The company has a quick ratio of 1.41, a current ratio of 1.83 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $7.79 billion, a PE ratio of 37.73, a PEG ratio of 0.77 and a beta of 1.14.

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.