Omron (OTCMKTS:OMRNY) Stock Price Up 6.3% – Here’s What Happened

Omron Corp. (OTCMKTS:OMRNY) shot up 6.3% during trading on Friday . The company traded as high as $33.42 and last traded at $33.37. 1,158 shares traded hands during trading, a decline of 98% from the average daily volume of 55,031 shares. The stock had previously closed at $31.39.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OMRNY. Jefferies Financial Group downgraded Omron from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Zacks Research cut Omron from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Omron Stock Up 1.8%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.41 and a current ratio of 1.83. The stock’s fifty day simple moving average is $35.25 and its two-hundred day simple moving average is $32.20. The company has a market capitalization of $6.57 billion, a price-to-earnings ratio of 35.16, a P/E/G ratio of 0.39 and a beta of 1.14.

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.