Omron (OTCMKTS:OMRNY) Trading Down 8.7% – What’s Next?

Shares of Omron Corp. (OTCMKTS:OMRNY) were down 8.7% during trading on Wednesday . The stock traded as low as $33.13 and last traded at $33.8536. Approximately 2,307 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 55,454 shares. The stock had previously closed at $37.06.

Omron Trading Down 1.4%

The stock has a market cap of $6.81 billion, a P/E ratio of 36.46, a PEG ratio of 0.44 and a beta of 1.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37. The business’s 50 day simple moving average is $33.79 and its 200 day simple moving average is $29.74.

Institutional Inflows and Outflows

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