Old Market Capital (NASDAQ:OMCC) Trading Up 5.7% – What’s Next?

Old Market Capital Corporation (NASDAQ:OMCC)’s share price traded up 5.7% during mid-day trading on Thursday . The company traded as high as $4.60 and last traded at $4.60. Approximately 244 shares traded hands during trading, a decline of 98% from the average session volume of 12,721 shares. The stock had previously closed at $4.35.

Old Market Capital Trading Up 5.7%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.31 and a current ratio of 4.55. The firm has a fifty day moving average price of $4.24 and a 200 day moving average price of $4.31. The company has a market cap of $31.36 million, a price-to-earnings ratio of -14.84 and a beta of 0.84.

Institutional Trading of Old Market Capital

An institutional investor recently raised its position in Old Market Capital stock. Sandia Investment Management LP lifted its position in shares of Old Market Capital Corporation (NASDAQ:OMCC) by 13.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,491 shares of the company’s stock after purchasing an additional 4,649 shares during the period. Sandia Investment Management LP owned 0.60% of Old Market Capital worth $210,000 at the end of the most recent quarter. 39.87% of the stock is owned by institutional investors.

About Old Market Capital

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.