USA - NASDAQ:OLIT - US68218C1080 - Common Stock
The current stock price of OLIT is 8.44 USD. In the past month the price decreased by -20.64%. In the past year, price decreased by -15.85%.
OmniLit Acquisition Corp. is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. The company is headquartered in Miami Beach, Florida and currently employs 3 full-time employees. The company went IPO on 2021-11-09. The firm is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The firm intends to focus its efforts in identifying high quality businesses in the advanced manufacturing industry, specifically the photonics or optics products, services, and end markets, and related products, services, and end-markets. The firm has not commenced any operations nor generated any revenues.
OMNILIT ACQUISITION CORP-A
1111 Lincoln Road, Suite 500
Miami Beach FLORIDA US
Employees: 3
Phone: 16178945238.0
The current stock price of OLIT is 8.44 USD. The price increased by 6.3% in the last trading session.
The exchange symbol of OMNILIT ACQUISITION CORP-A is OLIT and it is listed on the Nasdaq exchange.
OLIT stock is listed on the Nasdaq exchange.
OMNILIT ACQUISITION CORP-A (OLIT) has a market capitalization of 51.82M USD. This makes OLIT a Micro Cap stock.
OMNILIT ACQUISITION CORP-A (OLIT) currently has 3 employees.
OMNILIT ACQUISITION CORP-A (OLIT) has a resistance level at 10.01. Check the full technical report for a detailed analysis of OLIT support and resistance levels.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
OLIT does not pay a dividend.
The PE ratio for OMNILIT ACQUISITION CORP-A (OLIT) is 422. This is based on the reported non-GAAP earnings per share of 0.02 and the current share price of 8.44 USD. Check the full fundamental report for a full analysis of the valuation metrics for OLIT.
ChartMill assigns a fundamental rating of 2 / 10 to OLIT. While OLIT seems to be doing ok healthwise, there are quite some concerns on its profitability.
Over the last trailing twelve months OLIT reported a non-GAAP Earnings per Share(EPS) of 0.02. The EPS increased by 214.4% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | 5.66% | ||
ROE | 6% | ||
Debt/Equity | 0 |