Shares of Omron Corp. (OTCMKTS:OMRNY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $34.7520, but opened at $33.12. Omron shares last traded at $34.3550, with a volume of 1,499 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Two equities research analysts have rated the stock with a Hold rating. According to MarketBeat, Omron has an average rating of “Hold”.
Get Our Latest Stock Report on Omron
Omron Stock Down 2.5%
The company has a current ratio of 1.93, a quick ratio of 1.49 and a debt-to-equity ratio of 0.09. The firm has a market cap of $6.99 billion, a PE ratio of 32.29, a P/E/G ratio of 0.70 and a beta of 1.22. The business’s 50-day simple moving average is $39.73 and its 200 day simple moving average is $36.83.
Institutional Trading of Omron
An institutional investor recently raised its stake in Omron stock. GAMMA Investing LLC lifted its holdings in Omron Corp. (OTCMKTS:OMRNY – Free Report) by 12.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,536 shares of the company’s stock after purchasing an additional 382 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $144,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.09% of the company’s stock.
Omron Company Profile
Omron Corporation is a Japan-based technology company that develops automation, sensing, control and healthcare solutions. Its industrial automation business offers programmable controllers, sensors, vision systems, motion-control equipment, robotics, safety products and related software for manufacturing and other industrial applications.
The company also provides healthcare products and services, including blood pressure monitors, thermometers, body composition monitors, nebulizers and electronic medical equipment.
Recommended Stories
- Five stocks we like better than Omron
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Omron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omron and related companies with MarketBeat.com's FREE daily email newsletter.
