Omni-Lite Industries Canada (CVE:OML) Shares Up 1%

Omni-Lite Industries Canada Inc. (CVE:OML)’s stock price shot up 1% on Thursday . The stock traded as high as C$0.98 and last traded at C$0.98, 6,500 shares traded hands during mid-day trading. A decline of 23% from the average session volume of 8,475 shares. The stock had previously closed at C$0.97.

The firm has a 50 day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.01. The company has a debt-to-equity ratio of 6.15, a current ratio of 3.45 and a quick ratio of 1.17. The stock has a market cap of $10.99 million and a price-to-earnings ratio of -2.62.

Omni-Lite Industries Canada (CVE:OML) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.01 EPS for the quarter. The business had revenue of C$3.44 million for the quarter. On average, sell-side analysts expect that Omni-Lite Industries Canada Inc. will post 0.18 earnings per share for the current fiscal year.

Omni-Lite Industries Canada Company Profile (CVE:OML)

Omni-Lite Industries Canada Inc develops, manufactures, and sells precision components to Fortune 500 companies in the United States, Canada, and Barbados. It offers vibration resistant stainless steel fastener components for the aerospace industry; transmission valves, as well as brake, transmission, and engine parts 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.

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