OMRON (OTCMKTS:OMRNY) Stock Price Down 1.8%

OMRON Co. (OTCMKTS:OMRNY)’s share price dropped 1.8% during trading on Friday . The company traded as low as $39.94 and last traded at $40.46. Approximately 44,084 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 47,519 shares. The stock had previously closed at $41.19.

OMRON Stock Down 1.8 %

The company has a quick ratio of 1.52, a current ratio of 2.29 and a debt-to-equity ratio of 0.10. The stock has a market cap of $8.34 billion, a P/E ratio of 130.51 and a beta of 1.09. The company has a 50-day simple moving average of $37.29 and a two-hundred day simple moving average of $36.08.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in OMRON stock. GAMMA Investing LLC lifted its position in shares of OMRON Co. (OTCMKTS:OMRNY) by 329.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,542 shares of the company’s stock after purchasing an additional 1,183 shares during the quarter. GAMMA Investing LLC’s holdings in OMRON were worth $54,000 as of its most recent filing with the Securities & Exchange Commission. 1.09% of the stock is owned by institutional investors and hedge funds.

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.