Omni-Lite Industries Canada (OTCMKTS:OLNCF) Shares Cross Below 200-Day Moving Average – Should You Sell?

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report) shares crossed 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 traded.

Omni-Lite Industries Canada Price Performance

The firm’s fifty day simple moving average is $0.85 and its 200 day simple moving average is $0.97. The company has a market capitalization of $11.30 million, a price-to-earnings ratio of 10.43 and a beta of 0.38.

Omni-Lite Industries Canada Company Profile

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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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