Exchange Focus: Checking in on Shares of Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF)

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) has been getting interest from investors after the stock price touched $0.93 at the conclusion of the most recent trade.  The stock is traded on OTC in the Industrial Products sector and Metal Products - Procurement and Fabrication industry.   


Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF)’s Price Change % over the last week is 13.69%. It’s % Price Change over the previous month is 13.43% and previous three months is 9.49%. Finally, looking back over the past year-to-date, Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF)’s Price Change % is -24.39%.


Average Volume is the amount of securities traded in a day on average over a specific time period. Trading activity relates to the liquidity of a security. When average volume is high, the stock has high liquidity and can be therefore easily traded, while conversely, when the trading volume is low, the commodity will be less expensive as traders are not as willing to purchase it. Average volume has an effect on the price of the security. Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) has seen 1517.55 shares trade hands on an average basis.

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF)’s 52-Week High-Low Range Price % is 27.94. Countless factors affect a security’s price and, therefore, its range. Macroeconomic factors such as interest rates and the economic cycle significantly impact the price of securities over lengthy periods of time. A big recession, for example, can dramatically widen the price range equities as they plummet in price.



One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low. The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction. Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF)’s high over the last year was $1.39 while its low was $0.75.



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