Omni-Lite Industries Canada (OTCMKTS:OLNCF) Stock Passes Below 200-Day Moving Average of $0.43

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Rating) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.43 and traded as low as $0.43. Omni-Lite Industries Canada shares last traded at $0.43, with a volume of 7,500 shares changing hands.

Omni-Lite Industries Canada Price Performance

The company’s fifty day simple moving average is $0.38 and its 200 day simple moving average is $0.43. The firm has a market capitalization of $6.66 million, a PE ratio of -3.32 and a beta of 0.42.

Omni-Lite Industries Canada (OTCMKTS:OLNCF – Get Rating) last announced its quarterly earnings results on Wednesday, April 19th. The industrial products company reported ($0.07) earnings per share for the quarter. Omni-Lite Industries Canada had a negative net margin of 17.29% and a negative return on equity of 14.63%. The company had revenue of $3.11 million for the quarter.

Omni-Lite Industries Canada Company Profile

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Omni-Lite Industries Canada, Inc develops, manufactures, and sells precision components to Fortune 100 companies in the United States, Canada, and Barbados. It operates through the following segments: Forged, Electronic, and Investment casting components. It offers vibration resistant stainless steel fastener components for the aerospace industry, brake, transmission, and engine parts, as well as transmission valves for the automotive industry, inventory control cups for inventory control systems that are used by the retail clothing industry, links and head caps for the military sector, and ceramic track spikes for the sports and recreation industry.