Media headlines about Omega Flex (NASDAQ:OFLX) have trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Omega Flex earned a daily sentiment score of 0.01 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 47.2997696885665 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Separately, BidaskClub downgraded Omega Flex from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th.

Shares of Omega Flex (OFLX) traded down 1.93% during trading on Friday, hitting $68.45. The stock had a trading volume of 8,144 shares. The firm has a 50 day moving average price of $63.42 and a 200 day moving average price of $59.47. The firm has a market cap of $690.73 million, a P/E ratio of 45.48 and a beta of 1.25. Omega Flex has a 12-month low of $34.62 and a 12-month high of $74.55.

Omega Flex (NASDAQ:OFLX) last posted its quarterly earnings data on Thursday, July 20th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter. Omega Flex had a return on equity of 30.58% and a net margin of 15.35%. The company had revenue of $23.81 million for the quarter. On average, equities analysts expect that Omega Flex will post $0.37 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Friday, September 22nd were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, September 21st. Omega Flex’s payout ratio is 58.28%.

ILLEGAL ACTIVITY NOTICE: “Omega Flex (OFLX) Earns Coverage Optimism Rating of 0.01” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/omega-flex-oflx-earns-coverage-optimism-rating-of-0-01/1612825.html.

Omega Flex Company Profile

Omega Flex, Inc is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It operates through manufacture and sale of flexible metal hose and accessories segment.

Insider Buying and Selling by Quarter for Omega Flex (NASDAQ:OFLX)

Receive News & Ratings for Omega Flex Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Flex Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.