Omnitek Engineering (OTCMKTS:OMTK) Releases Quarterly Earnings Results

Omnitek Engineering (OTCMKTS:OMTK) issued its quarterly earnings data on Tuesday. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. Omnitek Engineering had a net margin of 7.23% and a negative return on equity of 8.00%.

Omnitek Engineering Price Performance

OMTK remained flat at $0.01 on Tuesday. Omnitek Engineering has a 12-month low of $0.01 and a 12-month high of $0.06. The stock’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.02. The company has a market cap of $302,662.92, a price-to-earnings ratio of 1.38 and a beta of -0.25.

Omnitek Engineering Company Profile

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters.