Old Market Capital (NASDAQ:OMCC) Stock Price Up 15.5% – What’s Next?

Old Market Capital Corporation (NASDAQ:OMCC) shares shot up 15.5% during trading on Monday . The company traded as high as $4.70 and last traded at $4.70. 372 shares were traded during trading, a decline of 98% from the average session volume of 21,986 shares. The stock had previously closed at $4.07.

Old Market Capital Trading Up 15.5%

The stock has a market capitalization of $31.91 million, a price-to-earnings ratio of -14.69 and a beta of 0.93. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.31 and a current ratio of 4.55. The business has a 50-day moving average of $4.17 and a 200-day moving average of $4.78.

Institutional Investors Weigh In On Old Market Capital

A hedge fund recently raised its stake in Old Market Capital stock. Sandia Investment Management LP grew its position in Old Market Capital Corporation (NASDAQ:OMCC) by 13.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,491 shares of the company’s stock after acquiring an additional 4,649 shares during the quarter. Sandia Investment Management LP owned about 0.60% of Old Market Capital worth $210,000 at the end of the most recent reporting period. 39.87% of the stock is owned by institutional investors.

Old Market Capital Company Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.