OMRON Co. (OTCMKTS:OMRNY) Sees Significant Decline in Short Interest

OMRON Co. (OTCMKTS:OMRNY) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 10,400 shares, a decrease of 20.0% from the January 15th total of 13,000 shares. Based on an average daily volume of 115,200 shares, the days-to-cover ratio is currently 0.1 days.

OMRON Price Performance

Shares of OTCMKTS OMRNY traded down $0.71 during midday trading on Friday, reaching $29.55. The stock had a trading volume of 29,171 shares, compared to its average volume of 58,638. The company has a market capitalization of $6.09 billion, a price-to-earnings ratio of -1,476.78 and a beta of 1.01. OMRON has a 12-month low of $29.20 and a 12-month high of $47.75. The stock has a 50-day moving average of $32.30 and a 200-day moving average of $36.71. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.20.

OMRON (OTCMKTS:OMRNY) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.35 earnings per share (EPS) for the quarter. OMRON had a negative return on equity of 0.09% and a negative net margin of 0.11%. As a group, research analysts anticipate that OMRON will post 0.66 EPS for the current fiscal year.

About OMRON

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.