Omni-Lite Industries Canada (OTCMKTS:OLNCF) Trading 2.3% Higher

Shares of Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) traded up 2.3% during trading on Monday . The stock traded as high as $0.68 and last traded at $0.68. 3,500 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 17,874 shares. The stock had previously closed at $0.67.

The firm’s fifty day simple moving average is $0.68 and its 200 day simple moving average is $0.66. The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.29 and a current ratio of 10.35. The stock has a market capitalization of $7.73 million, a P/E ratio of -7.59 and a beta of 0.58.

About Omni-Lite Industries Canada (OTCMKTS:OLNCF)

Omni-Lite Industries Canada Inc develops, manufactures, and sells precision components to Fortune 100 companies in the United States, Canada, and Barbados. It offers vibration resistant stainless steel fastener components for the aerospace industry; brake, transmission, and engine parts, as well as transmission valves for the automotive industry; inventory control cups for inventory control systems that are used by the retail clothing industry; links and head caps for the military sector; and ceramic track spikes for the sports and recreation industry.

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