Free Trial

Omron (OTCMKTS:OMRNY) Sees Unusually-High Trading Volume - What's Next?

Omron logo with Computer and Technology background

Key Points

  • Omron Corp. experienced a 35% increase in trading volume on Wednesday, with approximately 73,275 shares traded compared to the previous session's 54,134 shares.
  • The company reported earnings per share (EPS) of $0.24 for the last quarter, exceeding the consensus estimate of $0.19, with total revenue of $1.29 billion.
  • GAMMA Investing LLC raised its stake in Omron by 831.8%, now holding 14,946 shares valued at approximately $421,000, indicating strong institutional interest in the stock.
  • Need better tools to track Omron? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Omron Corp. (OTCMKTS:OMRNY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 73,275 shares changed hands during trading, an increase of 35% from the previous session's volume of 54,134 shares.The stock last traded at $26.47 and had previously closed at $26.33.

Omron Stock Performance

The company's fifty day simple moving average is $26.25 and its two-hundred day simple moving average is $28.05. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 24.19 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.57 and a current ratio of 2.31.

Omron (OTCMKTS:OMRNY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.19 by $0.05. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.31 billion. Omron had a net margin of 4.04% and a return on equity of 3.49%. Equities research analysts predict that Omron Corp. will post 0.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its position in shares of Omron Corp. (OTCMKTS:OMRNY - Free Report) by 831.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,946 shares of the company's stock after purchasing an additional 13,342 shares during the quarter. GAMMA Investing LLC's holdings in Omron were worth $421,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.09% of the company's stock.

About Omron

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Omron Right Now?

Before you consider Omron, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Omron wasn't on the list.

While Omron currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines