Omni-Lite Industries Canada (OTCMKTS:OLNCF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.99 and traded as low as $0.91. Omni-Lite Industries Canada shares last traded at $0.91, with a volume of 1,000 shares.

Omni-Lite Industries Canada Stock Down 6.6 %

The firm has a market capitalization of $14.15 million, a price-to-earnings ratio of 13.06 and a beta of 0.39. The business has a 50-day moving average of $0.98 and a two-hundred day moving average of $0.99.

Omni-Lite Industries Canada Company Profile

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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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