News articles about Omega Flex (NASDAQ:OFLX) have been trending positive on Monday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Omega Flex earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.2382629367436 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, BidaskClub lowered Omega Flex from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
Shares of Omega Flex (OFLX) traded down $1.50 during trading hours on Monday, reaching $58.46. The company’s stock had a trading volume of 5,200 shares, compared to its average volume of 12,270. Omega Flex has a 12-month low of $41.87 and a 12-month high of $76.63. The firm has a market cap of $589.97, a price-to-earnings ratio of 37.72 and a beta of 1.01.
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Omega Flex, Inc is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It operates through manufacture and sale of flexible metal hose and accessories segment.
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