OmniTek Engineering Corp (OTCMKTS:OMTK) released its quarterly earnings results on Friday. The industrial products company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.36 million for the quarter. OmniTek Engineering Corp had a negative return on equity of 64.37% and a negative net margin of 82.32%.
OmniTek Engineering Corp (OTCMKTS:OMTK) traded up 6.67% during mid-day trading on Friday, reaching $0.16. The company had a trading volume of 12,900 shares. The company’s 50-day moving average is $0.17 and its 200-day moving average is $0.20. The stock’s market capitalization is $3.24 million. OmniTek Engineering Corp has a one year low of $0.13 and a one year high of $0.51.
TRADEMARK VIOLATION WARNING: “OmniTek Engineering Corp (OMTK) Issues Earnings Results” was first posted by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://transcriptdaily.com/2017/04/22/omnitek-engineering-corp-omtk-issues-earnings-results.html.
Omnitek Engineering Corp. (Omnitek) develops and sells diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the Company’s technology. Omnitek products are available for stationary applications (generator sets), the global transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications.
