Omega Flex (NASDAQ:OFLX) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Wednesday.
Omega Flex stock opened at $74.81 on Wednesday. Omega Flex has a 12 month low of $53.50 and a 12 month high of $95.00. The company has a market capitalization of $758.40 million, a P/E ratio of 43.69 and a beta of 0.90.
Omega Flex (NASDAQ:OFLX) last posted its quarterly earnings data on Thursday, July 19th. The industrial products company reported $0.47 EPS for the quarter. Omega Flex had a return on equity of 30.26% and a net margin of 16.66%. The business had revenue of $26.85 million for the quarter.
About Omega Flex
Omega Flex, Inc, together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities.
See Also: Fiduciary
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