Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 5,113 shares, an increase of ? from the May 31st total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,152 shares, the short-interest ratio is presently 0.4 days.
Omni-Lite Industries Canada Stock Performance
OLNCF remained flat at $1.56 on Tuesday. The company had a trading volume of 4,500 shares, compared to its average volume of 8,679. Omni-Lite Industries Canada has a 1 year low of $0.83 and a 1 year high of $1.58. The stock has a market capitalization of $24.15 million, a P/E ratio of 39.01 and a beta of 0.49. The business has a fifty day moving average price of $1.19 and a 200-day moving average price of $1.11.
Omni-Lite Industries Canada (OTCMKTS:OLNCF – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The industrial products company reported $0.03 earnings per share for the quarter. The company had revenue of $4.38 million for the quarter. Omni-Lite Industries Canada had a return on equity of 2.72% and a net margin of 2.59%.
About Omni-Lite Industries Canada
Omni-Lite Industries Canada, trading under the symbol OLNCF on the OTC Markets, is a designer and manufacturer of advanced polymer composite and carbon-fiber components for military, industrial and specialty vehicle applications. The company’s proprietary Fiber-Weld™ polymer composite wheel assemblies offer substantial weight savings, superior fatigue life and corrosion resistance compared with conventional steel wheels. In addition to its core wheel products, Omni-Lite produces carbon-fiber drive shafts, structural cross-members and custom injection-molded components engineered for demanding environments.
Founded in 1988 and headquartered in Mississauga, Ontario, Omni-Lite maintains production facilities in both Canada and the United States.
Featured Stories
- Five stocks we like better than Omni-Lite Industries Canada
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for Omni-Lite Industries Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omni-Lite Industries Canada and related companies with MarketBeat.com's FREE daily email newsletter.
