GAMMA Investing LLC Purchases 958 Shares of Omron Corp. $OMRNY

GAMMA Investing LLC boosted its position in shares of Omron Corp. (OTCMKTS:OMRNY) by 180.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,488 shares of the company’s stock after purchasing an additional 958 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $40,000 as of its most recent SEC filing.

Omron Price Performance

Omron stock opened at $28.88 on Friday. The stock has a market cap of $5.96 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 0.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.34 and a quick ratio of 1.54. Omron Corp. has a 1 year low of $24.16 and a 1 year high of $46.31. The firm has a 50-day moving average of $26.59 and a two-hundred day moving average of $27.13.

Omron (OTCMKTS:OMRNY) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.05. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Omron had a net margin of 4.04% and a return on equity of 3.46%. On average, research analysts forecast that Omron Corp. will post 0.42 earnings per share for the current year.

Omron Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.