Omron (OTCMKTS:OMRNY) Trading Down 3.6% – Should You Sell?

Omron Corp. (OTCMKTS:OMRNY)’s share price dropped 3.6% during trading on Friday . The company traded as low as $39.4031 and last traded at $39.4031. Approximately 760 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 54,526 shares. The stock had previously closed at $40.8750.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on OMRNY shares. Jefferies Financial Group lowered Omron from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Zacks Research raised Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Omron Price Performance

The stock has a market capitalization of $7.77 billion, a PE ratio of 37.63, a P/E/G ratio of 0.80 and a beta of 1.14. The company has a quick ratio of 1.41, a current ratio of 1.83 and a debt-to-equity ratio of 0.08. The stock’s 50-day moving average is $36.71 and its 200 day moving average is $33.86.

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.