Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,113 shares, an increase of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 14,152 shares, the short-interest ratio is currently 0.4 days.
Omni-Lite Industries Canada Price Performance
OTCMKTS OLNCF remained flat at $1.56 during trading hours on Tuesday. 4,500 shares of the company’s stock were exchanged, compared to its average volume of 8,679. The company has a market capitalization of $24.15 million, a PE ratio of 39.01 and a beta of 0.49. The firm has a fifty day moving average price of $1.19 and a 200-day moving average price of $1.11. Omni-Lite Industries Canada has a 52 week low of $0.83 and a 52 week high of $1.58.
Omni-Lite Industries Canada (OTCMKTS:OLNCF – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The industrial products company reported $0.03 earnings per share (EPS) for the quarter. Omni-Lite Industries Canada had a net margin of 2.59% and a return on equity of 2.72%. The business had revenue of $4.38 million for the quarter.
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.
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