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

Old Market Capital Corporation (NASDAQ:OMCCGet Free Report) shares 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 were traded during mid-day 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 Price Performance

The company has a current ratio of 4.55, a quick ratio of 4.31 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $31.36 million, a P/E ratio of -14.84 and a beta of 0.84. The company has a 50 day moving average price of $4.24 and a 200 day moving average price of $4.31.

Hedge Funds Weigh In On Old Market Capital

An institutional investor recently raised its stake in Old Market Capital stock. Sandia Investment Management LP raised its stake in Old Market Capital Corporation (NASDAQ:OMCCFree Report) by 13.0% during the 4th quarter, according to the company in its most recent disclosure 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 hedge funds and other institutional investors.

Old Market Capital Company Profile

(Get Free Report)

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.

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