Omni-Lite Industries Canada (CVE:OML) Posts Quarterly Earnings Results

Omni-Lite Industries Canada (CVE:OML) announced its earnings results on Wednesday. The company reported C$0.03 earnings per share (EPS) for the quarter, RTT News reports. Omni-Lite Industries Canada had a return on equity of 8.42% and a net margin of 7.68%.During the same period last year, the company posted $0.01 earnings per share.

Omni-Lite Industries Canada Stock Up 17.6%

Shares of CVE:OML opened at C$1.67 on Thursday. Omni-Lite Industries Canada has a 52-week low of C$1.12 and a 52-week high of C$1.90. The firm has a market capitalization of C$25.85 million, a P/E ratio of 167.00 and a beta of -0.32. The stock has a 50 day moving average price of C$1.40 and a 200-day moving average price of C$1.51. The company has a debt-to-equity ratio of 37.99, a quick ratio of 2.23 and a current ratio of 4.58.

Omni-Lite Industries Canada Company Profile

Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.