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

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.98 and traded as low as $0.72. Omni-Lite Industries Canada shares last traded at $0.72, with a volume of 21,732 shares.

Omni-Lite Industries Canada Stock Performance

The business has a 50 day moving average price of $0.88 and a two-hundred day moving average price of $0.98. The stock has a market cap of $11.15 million, a PE ratio of 10.29 and a beta of 0.38.

Omni-Lite Industries Canada Company Profile

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.