Omron Corp. (OTCMKTS:OMRNY – Get Free Report)’s share price was down 6.6% during trading on Monday . The stock traded as low as $34.72 and last traded at $34.8650. Approximately 1,099 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 59,089 shares. The stock had previously closed at $37.34.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on OMRNY. Jefferies Financial Group cut Omron from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Zacks Research lowered shares of Omron from a “hold” rating to a “strong sell” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.
View Our Latest Analysis on Omron
Omron Price Performance
Institutional Inflows and Outflows
An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC raised its position in Omron Corp. (OTCMKTS:OMRNY – Free Report) by 50.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,129 shares of the company’s stock after acquiring an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.09% of the company’s stock.
About Omron
Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.
Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.
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