Old Market Capital (NASDAQ:OMCC) Shares Up 5.7% – Time to Buy?

Shares of Old Market Capital Corporation (NASDAQ:OMCC) rose 5.7% during mid-day trading on Thursday . The company traded as high as $4.60 and last traded at $4.60. 244 shares changed hands during trading, a decline of 98% from the average daily volume of 12,721 shares. The stock had previously closed at $4.35.

Old Market Capital Stock Down 7.6%

The stock has a fifty day moving average price of $4.24 and a 200 day moving average price of $4.31. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.55 and a quick ratio of 4.31. The stock has a market capitalization of $28.98 million, a P/E ratio of -13.71 and a beta of 0.84.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Old Market Capital stock. Sandia Investment Management LP raised its stake in shares of Old Market Capital Corporation (NASDAQ:OMCC) by 13.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,491 shares of the company’s stock after buying an additional 4,649 shares during the quarter. Sandia Investment Management LP owned about 0.60% of Old Market Capital worth $210,000 at the end of the most recent reporting period. Institutional investors own 39.87% of the company’s stock.

Old Market Capital Company Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.