Omni-Lite Industries Canada (OTCMKTS:OLNCF) Shares Cross Above 50 Day Moving Average – What’s Next?

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.24 and traded as high as $1.28. Omni-Lite Industries Canada shares last traded at $1.28, with a volume of 2,900 shares.

Omni-Lite Industries Canada Stock Down 2.9%

The stock’s fifty day simple moving average is $1.24 and its two-hundred day simple moving average is $1.01.

Omni-Lite Industries Canada (OTCMKTS:OLNCFGet Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The industrial products company reported ($0.01) earnings per share for the quarter. The business had revenue of $3.46 million during the quarter. Omni-Lite Industries Canada had a negative return on equity of 0.82% and a negative net margin of 1.03%.

About Omni-Lite Industries Canada

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Omni-Lite Industries Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omni-Lite Industries Canada and related companies with MarketBeat.com's FREE daily email newsletter.