Omron (OTCMKTS:OMRNY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Omron Corp. (OTCMKTS:OMRNY) saw unusually-high trading volume on Thursday . Approximately 433,559 shares were traded during mid-day trading, an increase of 755% from the previous session’s volume of 50,706 shares.The stock last traded at $27.70 and had previously closed at $29.10.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Omron Trading Down 3.4%

The firm has a market capitalization of $5.80 billion, a P/E ratio of 35.58, a PEG ratio of 0.45 and a beta of 0.92. The business’s 50 day moving average is $29.50 and its two-hundred day moving average is $27.57. The company has a quick ratio of 1.37, a current ratio of 2.11 and a debt-to-equity ratio of 0.13.

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

Institutional Investors Weigh In On Omron

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

About Omron

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.