Currently, OMNIQ Corp [OMQS] is trading at $0.60, up 55.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OMQS shares have gain 100.00% over the last week, with a monthly amount drifted -1.14%, and not seem to be holding up well over a long-time horizon.
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On 1, April 2024, OMNIQ ANNOUNCES 2023 REVENUE OF $81.4 MILLION. In a post published today on Yahoo Finance, OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT–based solutions will release Full Year 2023 Earnings after the market close on Monday, April 1st, 2024. The announcement will be followed by a live earnings call with management the following morning, Tuesday, April 2nd, 2024, at 9:00 AM EST.
From an analyst’s perspective:
This stock has fluctuated between a low of $0.28 and a high of $6.35 over the last 52 weeks. OMNIQ Corp [NASDAQ: OMQS] shares were valued at $0.60 at the most recent close of the market.
Analyzing the OMQS fundamentals
Trailing Twelve Months sales for OMNIQ Corp [NASDAQ:OMQS] were 81.19M which represents -38.23% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is 1.08 and Total Capital is 0.67. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4367 points at the first support level, and at 0.2733 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7567, and for the 2nd resistance point, it is at 0.9133.
OMNIQ Corp [OMQS] reported earnings per share of -$0.37 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.26/share, meaning a difference of -$0.11 and a surprise factor of -42.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.55 per share as compared to estimates of -$0.23 per share, a difference of -$0.32 representing a surprise of -139.10%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for OMNIQ Corp [NASDAQ:OMQS] is 0.38. Also, the Quick Ratio is 0.29, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.08.
Transactions by insiders
Recent insider trading involved Nissenson Neev, Chief Financial Officer, that happened on May 22 ’23 when 3288.0 shares were sold. Chief Financial Officer, Nissenson Neev completed a deal on May 18 ’23 to sell 6000.0 shares.
