Omni-Lite Industries Canada (OTCMKTS:OLNCF) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.97 and traded as low as $0.73. Omni-Lite Industries Canada shares last traded at $0.73, with a volume of 1,000 shares changing hands.

Omni-Lite Industries Canada Price Performance

The stock has a market capitalization of $11.42 million, a price-to-earnings ratio of 10.54 and a beta of 0.38. The business’s fifty day moving average price is $0.85 and its 200-day moving average price is $0.97.

About Omni-Lite Industries Canada

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Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.

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