OMRON (OTCMKTS:OMRNY) Reaches New 12-Month Low – Here’s Why

OMRON Co. (OTCMKTS:OMRNY)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $25.08 and last traded at $26.13, with a volume of 105546 shares trading hands. The stock had previously closed at $26.84.

OMRON Trading Down 2.6 %

The company has a market cap of $5.39 billion, a P/E ratio of 96.78 and a beta of 1.16. The firm has a 50-day moving average of $30.38 and a 200 day moving average of $34.30. The company has a current ratio of 2.20, a quick ratio of 1.45 and a debt-to-equity ratio of 0.11.

OMRON (OTCMKTS:OMRNY) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.35 EPS for the quarter. OMRON had a net margin of 0.98% and a return on equity of 0.81%. On average, analysts predict that OMRON Co. will post 0.42 earnings per share for the current fiscal year.

Hedge Funds Weigh In On OMRON

A hedge fund recently raised its stake in OMRON stock. GAMMA Investing LLC boosted its position in OMRON Co. (OTCMKTS:OMRNY) by 831.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,946 shares of the company’s stock after acquiring an additional 13,342 shares during the period. GAMMA Investing LLC’s holdings in OMRON were worth $421,000 as of its most recent SEC filing. 1.09% of the stock is currently owned by hedge funds and other institutional investors.

OMRON Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.