Shares of Omron Corp. (OTCMKTS:OMRNY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $27.79, but opened at $26.30. Omron shares last traded at $26.53, with a volume of 1,809 shares traded.
Omron Trading Up 1.9%
The company has a market cap of $5.54 billion, a price-to-earnings ratio of 47.96 and a beta of 1.04. The company has a current ratio of 2.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.13. The firm's 50-day moving average price is $26.78 and its 200 day moving average price is $29.16.
Omron (OTCMKTS:OMRNY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.11). Omron had a return on equity of 1.75% and a net margin of 2.07%. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.48 billion. As a group, equities analysts expect that Omron Corp. will post 0.42 EPS for the current year.
Institutional Trading of Omron
A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC boosted its holdings in Omron Corp. (OTCMKTS:OMRNY - Free Report) by 831.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 quarter. 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.
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