OMNIQ Corp (OMQS) Stock: A Look at the Monthly Trend

The stock of OMNIQ Corp (OMQS) has gone down by -36.25% for the week, with a -27.50% drop in the past month and a -50.02% drop in the past quarter. The volatility ratio for the week is 23.91%, and the volatility levels for the past 30 days are 16.94% for OMQS. The simple moving average for the past 20 days is -39.64% for OMQS’s stock, with a -78.67% simple moving average for the past 200 days.

Is It Worth Investing in OMNIQ Corp (NASDAQ: OMQS) Right Now?

Additionally, the 36-month beta value for OMQS is 1.36. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for OMQS is 8.75M and currently, short sellers hold a 0.49% ratio of that float. The average trading volume of OMQS on April 03, 2024 was 44.00K shares.

OMQS) stock’s latest price update

The stock of OMNIQ Corp (NASDAQ: OMQS) has decreased by -37.48 when compared to last closing price of 0.52.Despite this, the company has seen a loss of -36.25% in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-28 that SALT LAKE CITY, March 28, 2024 (GLOBE NEWSWIRE) — 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.

OMQS Trading at -37.46% from the 50-Day Moving Average

After a stumble in the market that brought OMQS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.88% of loss for the given period.

Volatility was left at 16.94%, however, over the last 30 days, the volatility rate increased by 23.91%, as shares sank -26.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.82% lower at present.

During the last 5 trading sessions, OMQS fell by -36.25%, which changed the moving average for the period of 200-days by -93.63% in comparison to the 20-day moving average, which settled at $0.5328. In addition, OMNIQ Corp saw -50.02% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OMQS starting from Nissenson Neev, who sale 3,288 shares at the price of $5.93 back on May 22 ’23. After this action, Nissenson Neev now owns 58,440 shares of OMNIQ Corp, valued at $19,484 using the latest closing price.

Nissenson Neev, the Chief Financial Officer of OMNIQ Corp, sale 6,000 shares at $5.78 during a trade that took place back on May 18 ’23, which means that Nissenson Neev is holding 61,728 shares at $34,700 based on the most recent closing price.

Stock Fundamentals for OMQS

Current profitability levels for the company are sitting at:

  • -0.12 for the present operating margin
  • 0.19 for the gross margin

The net margin for OMNIQ Corp stands at -0.17. The total capital return value is set at 0.67.

Based on OMNIQ Corp (OMQS), the company’s capital structure generated -4.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at -0.8. The interest coverage ratio of the stock is -6.21.

Currently, EBITDA for the company is -8.03 million with net debt to EBITDA at -1.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 4.91for trailing twelve months and the total asset turnover is 1.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.

Conclusion

In conclusion, OMNIQ Corp (OMQS) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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