Omron (OTCMKTS:OMRNY) Sees Large Volume Increase – Should You Buy?
by Jessica Moore · The Cerbat GemOmron Corp. (OTCMKTS:OMRNY – Get Free Report) saw an uptick in trading volume on Wednesday . 165,095 shares traded hands during mid-day trading, an increase of 194% from the previous session’s volume of 56,175 shares.The stock last traded at $29.23 and had previously closed at $28.51.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Omron
Omron Stock Up 1.8%
The company has a market cap of $6.10 billion, a PE ratio of 37.43, a P/E/G ratio of 0.34 and a beta of 1.00. The business has a 50-day simple moving average of $29.89 and a 200-day simple moving average of $27.63. The company has a quick ratio of 1.37, a current ratio of 2.11 and a debt-to-equity ratio of 0.13.
Omron (OTCMKTS:OMRNY – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Omron had a return on equity of 2.46% and a net margin of 2.80%.Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Equities research analysts anticipate that Omron Corp. will post 0.42 EPS for the current year.
Hedge Funds Weigh In On Omron
An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC boosted its holdings in shares of Omron Corp. (OTCMKTS:OMRNY – Free Report) by 50.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent reporting period. 1.09% of the stock is owned by hedge funds and other institutional investors.
Omron Company Profile
Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.
Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.