Omni-Lite Industries Canada (OTCMKTS:OLNCF) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.98 and traded as low as $0.96. Omni-Lite Industries Canada shares last traded at $0.98, with a volume of 1,975 shares.

Omni-Lite Industries Canada Stock Performance

The firm has a market cap of $15.09 million, a price-to-earnings ratio of 13.93 and a beta of 0.37. The stock’s fifty day moving average is $1.00 and its two-hundred day moving average is $0.98.

Omni-Lite Industries Canada Company Profile

(Get Free Report)

Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.

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