OMRON (OTCMKTS:OMRNY) Shares Down 1.8%

OMRON Co. (OTCMKTS:OMRNY) fell 1.8% during mid-day trading on Friday . The company traded as low as $39.94 and last traded at $40.46. 44,084 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 47,519 shares. The stock had previously closed at $41.19.

OMRON Stock Performance

The firm’s 50 day simple moving average is $37.29 and its 200 day simple moving average is $36.07. The firm has a market cap of $8.34 billion, a PE ratio of 130.51 and a beta of 1.09. The company has a current ratio of 2.29, a quick ratio of 1.52 and a debt-to-equity ratio of 0.10.

OMRON (OTCMKTS:OMRNY) last issued its earnings results on Friday, August 2nd. The company reported ($0.31) earnings per share (EPS) for the quarter. OMRON had a negative return on equity of 1.63% and a negative net margin of 1.84%. The firm had revenue of $1.18 billion during the quarter. On average, research analysts forecast that OMRON Co. will post 0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in OMRON stock. Fisher Asset Management LLC raised its holdings in shares of OMRON Co. (OTCMKTS:OMRNY) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,242,068 shares of the company’s stock after purchasing an additional 125,912 shares during the quarter. Fisher Asset Management LLC owned 1.09% of OMRON worth $104,692,000 as of its most recent filing with the Securities & Exchange Commission. 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.