Omni-Lite Industries Canada (CVE:OML) Sets New 12-Month Low at $0.85

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Omni-Lite Industries Canada Inc. (CVE:OML) reached a new 52-week low during trading on Friday . The company traded as low as C$0.85 and last traded at C$0.85, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.88.

The business’s fifty day moving average price is C$0.95 and its 200 day moving average price is C$1.01. The company has a quick ratio of 0.89, a current ratio of 2.86 and a debt-to-equity ratio of 7.89. The firm has a market capitalization of $10.99 million and a PE ratio of -2.00.

About Omni-Lite Industries Canada (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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