Omni-Lite Industries Canada Inc. (OLNCF) Lifted to “Buy” at ValuEngine
Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Monday.
Separately, Zacks Investment Research upgraded shares of Omni-Lite Industries Canada from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th.
Shares of Omni-Lite Industries Canada (OLNCF) traded down 2.51% during trading on Monday, hitting $1.36. The company had a trading volume of 560 shares. The firm’s 50 day moving average is $1.45 and its 200-day moving average is $1.36. The stock has a market capitalization of $14.10 million, a P/E ratio of 16.39 and a beta of -0.32. Omni-Lite Industries Canada has a 52 week low of $1.07 and a 52 week high of $1.61.
Omni-Lite Industries Canada Company Profile
Omni-Lite Industries Canada Inc develops, produces, and markets specialized metal matrix composite, aluminum, carbon, and stainless steel alloy products to Fortune 500 companies. It offers vibration resistant stainless steel fastener components and jet engine components for the aerospace industry; transmission valves and airbag retainer rivets for the automotive industry; inventory control cups and other components for inventory control systems for the commercial industry; links and head caps for the military sector; and ceramic track spikes for the sports and recreation industry.
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