OMRON (OTCMKTS:OMRNY) Stock Price Up 2% – Time to Buy?

OMRON Co. (OTCMKTS:OMRNY)’s stock price rose 2% on Monday . The company traded as high as $40.19 and last traded at $40.19. Approximately 18,610 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 42,920 shares. The stock had previously closed at $39.41.

OMRON Price Performance

The company’s 50 day moving average is $42.41 and its 200-day moving average is $37.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.29 and a quick ratio of 1.52.

OMRON (OTCMKTS:OMRNY) last announced its earnings results on Friday, August 2nd. The company reported ($0.31) earnings per share for the quarter. OMRON had a negative net margin of 1.84% and a negative return on equity of 1.63%. The business had revenue of $1.18 billion for the quarter. Equities research analysts expect that OMRON Co. will post 0.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On OMRON

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC lifted its position in shares of OMRON Co. (OTCMKTS:OMRNY) by 329.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,542 shares of the company’s stock after acquiring an additional 1,183 shares during the period. GAMMA Investing LLC’s holdings in OMRON were worth $54,000 as of its most recent filing with the Securities & Exchange Commission. 1.09% of the stock is currently owned by institutional investors.

OMRON Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.