ValuEngine Downgrades Omni-Lite Industries Canada Inc. (OLNCF) to Hold
Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.
Separately, Zacks Investment Research lowered Omni-Lite Industries Canada from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.
Omni-Lite Industries Canada (OLNCF) traded down 0.8435% during mid-day trading on Thursday, hitting $1.4576. 400 shares of the stock were exchanged. The stock has a 50 day moving average price of $1.50 and a 200 day moving average price of $1.29. The company has a market capitalization of $15.11 million and a PE ratio of 16.3775. Omni-Lite Industries Canada has a 1-year low of $1.07 and a 1-year high of $1.61.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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