Omega Flex (NASDAQ:OFLX – Get Free Report) released its quarterly earnings data on Wednesday. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, Zacks reports. Omega Flex had a net margin of 17.71% and a return on equity of 22.68%.
Omega Flex Trading Up 1.2 %
Shares of NASDAQ:OFLX opened at $36.35 on Thursday. The firm has a market cap of $366.92 million, a PE ratio of 20.08 and a beta of 0.38. The company has a fifty day simple moving average of $39.24 and a 200 day simple moving average of $45.45. Omega Flex has a 12-month low of $34.39 and a 12-month high of $75.14.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of Omega Flex from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th.
Omega Flex Company Profile
Omega Flex, Inc, together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities.
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