Omron (OTCMKTS:OMRNY) Sees Large Volume Increase – Here’s What Happened

Shares of Omron Corp. (OTCMKTS:OMRNY) saw an uptick in trading volume on Wednesday . 165,095 shares changed hands during mid-day trading, an increase of 194% from the previous session’s volume of 56,175 shares.The stock last traded at $29.23 and had previously closed at $28.51.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Omron currently has an average rating of “Hold”.

Omron Trading Up 2.3%

The firm has a market capitalization of $6.02 billion, a P/E ratio of 36.92, a price-to-earnings-growth ratio of 0.33 and a beta of 1.00. The stock’s 50-day simple moving average is $29.73 and its two-hundred day simple moving average is $27.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37.

Omron (OTCMKTS:OMRNY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. Omron had a return on equity of 2.46% and a net margin of 2.80%.Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Equities research analysts expect that Omron Corp. will post 0.42 EPS for the current year.

Hedge Funds Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its stake in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,129 shares of the company’s stock after acquiring an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. 1.09% of the stock is currently owned by hedge funds and other institutional investors.

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.