Omron (OTCMKTS:OMRNY) Shares Gap Down – Here’s What Happened

Omron Corp. (OTCMKTS:OMRNY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $39.0450, but opened at $37.30. Omron shares last traded at $37.24, with a volume of 2,035 shares trading hands.

Omron Stock Down 5.2%

The company has a market cap of $6.91 billion, a P/E ratio of 36.99, a price-to-earnings-growth ratio of 0.44 and a beta of 1.15. The company has a 50 day moving average of $33.79 and a 200-day moving average of $29.74. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37.

Institutional Trading of Omron

A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC grew its stake in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,129 shares of the company’s stock after buying 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. Hedge funds and other institutional investors own 1.09% of the company’s stock.

About Omron

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.