OMNIQ (OTCMKTS:OMQS) Releases Earnings Results, Misses Expectations By $0.09 EPS

OMNIQ (OTCMKTS:OMQSGet Rating) posted its earnings results on Monday. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09), MarketWatch Earnings reports. OMNIQ had a negative net margin of 17.01% and a negative return on equity of 1,742.91%.

OTCMKTS:OMQS traded up $0.17 during trading hours on Tuesday, reaching $6.74. The company had a trading volume of 21,931 shares, compared to its average volume of 25,638. The firm has a market capitalization of $50.95 million and a PE ratio of -2.93. The company has a quick ratio of 0.55, a current ratio of 0.65 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average of $6.33 and a two-hundred day moving average of $6.77. OMNIQ has a one year low of $4.35 and a one year high of $16.00.

A hedge fund recently bought a new stake in OMNIQ stock. Susquehanna International Group LLP bought a new stake in OMNIQ Corp. (OTCMKTS:OMQSGet Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,208 shares of the company’s stock, valued at approximately $75,000. Susquehanna International Group LLP owned approximately 0.16% of OMNIQ at the end of the most recent reporting period. Institutional investors and hedge funds own 9.49% of the company’s stock.

Separately, Zacks Investment Research downgraded OMNIQ from a “hold” rating to a “sell” rating in a research report on Saturday, April 9th.

About OMNIQ (Get Rating)

OMNIQ Corp., together with its subsidiaries, provides artificial intelligence (AI)-based solutions in the United States. The company offers computer and machine vision image processing solutions using AI technology to deliver data collection, and real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management, and access control applications.

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Earnings History for OMNIQ (OTCMKTS:OMQS)

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