Omron (OTCMKTS:OMRNY) Shares Gap Up – Time to Buy?

Omron Corp. (OTCMKTS:OMRNY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $35.71, but opened at $37.8201. Omron shares last traded at $38.2850, with a volume of 1,816 shares trading hands.

Omron Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.37 and a current ratio of 2.11. The company’s fifty day simple moving average is $32.46 and its two-hundred day simple moving average is $29.12. The stock has a market capitalization of $7.47 billion, a PE ratio of 39.99, a P/E/G ratio of 0.78 and a beta of 1.15.

Institutional Investors Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC grew its position in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. Institutional investors own 1.09% of the company’s stock.

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.