Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF – Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.19 and traded as low as $1.04. Omni-Lite Industries Canada shares last traded at $1.04, with a volume of 43,801 shares traded.
Omni-Lite Industries Canada Stock Down 3.6%
The company has a market capitalization of $16.10 million, a P/E ratio of 104.10 and a beta of 0.17. The business has a 50 day simple moving average of $1.17 and a 200-day simple moving average of $1.19.
About Omni-Lite Industries Canada
Omni-Lite Industries Canada, trading under the symbol OLNCF on the OTC Markets, is a designer and manufacturer of advanced polymer composite and carbon-fiber components for military, industrial and specialty vehicle applications. The company’s proprietary Fiber-Weld™ polymer composite wheel assemblies offer substantial weight savings, superior fatigue life and corrosion resistance compared with conventional steel wheels. In addition to its core wheel products, Omni-Lite produces carbon-fiber drive shafts, structural cross-members and custom injection-molded components engineered for demanding environments.
Founded in 1988 and headquartered in Mississauga, Ontario, Omni-Lite maintains production facilities in both Canada and the United States.
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