OMRON (OTCMKTS:OMRNY) Trading Down 2% – What’s Next?

Shares of OMRON Co. (OTCMKTS:OMRNY) traded down 2% during mid-day trading on Thursday . The stock traded as low as $29.10 and last traded at $29.10. 24,977 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 59,365 shares. The stock had previously closed at $29.68.

OMRON Trading Down 2.0 %

The company has a 50 day simple moving average of $29.30 and a 200 day simple moving average of $31.87. The company has a market capitalization of $6.00 billion, a PE ratio of 107.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.20.

OMRON (OTCMKTS:OMRNY) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.11). OMRON had a net margin of 0.98% and a return on equity of 0.81%. Analysts anticipate that OMRON Co. will post 0.42 earnings per share for the current year.

Institutional Investors Weigh In On OMRON

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC raised its stake in OMRON Co. (OTCMKTS:OMRNY) by 831.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,946 shares of the company’s stock after buying 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. 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.