Omron (OTCMKTS:OMRNY) Shares Gap Up – Here’s Why

Omron Corp. (OTCMKTS:OMRNY) gapped up prior to trading on Friday . The stock had previously closed at $26.29, but opened at $29.44. Omron shares last traded at $29.5850, with a volume of 4,757 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Omron has an average rating of “Hold”.

Omron Trading Up 17.0%

The firm has a fifty day moving average of $25.62 and a 200 day moving average of $26.39. The firm has a market capitalization of $6.15 billion, a PE ratio of 37.72, a P/E/G ratio of 0.47 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.40 and a current ratio of 2.14.

Omron (OTCMKTS:OMRNY) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Omron had a return on equity of 2.46% and a net margin of 2.80%.Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Equities research analysts expect that Omron Corp. will post 0.42 EPS for the current year.

Hedge Funds Weigh In On Omron

A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC raised its position in Omron Corp. (OTCMKTS:OMRNY) by 50.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,129 shares of the company’s stock after buying an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. 1.09% of the stock is owned by institutional investors and hedge funds.

Omron Company Profile

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.