Sheets Smith Wealth Management Buys New Position in OMNIQ Corp. (NASDAQ:OMQS)

Sheets Smith Wealth Management purchased a new position in OMNIQ Corp. (NASDAQ:OMQSFree Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 50,000 shares of the company’s stock, valued at approximately $33,000.

OMNIQ Stock Performance

OMNIQ stock opened at $0.32 on Tuesday. OMNIQ Corp. has a fifty-two week low of $0.28 and a fifty-two week high of $6.35. The firm’s fifty day moving average price is $0.47 and its 200-day moving average price is $0.55. The stock has a market cap of $3.47 million, a P/E ratio of -0.09 and a beta of 1.33.

OMNIQ (NASDAQ:OMQSGet Free Report) last issued its quarterly earnings results on Monday, April 1st. The company reported ($2.00) earnings per share (EPS) for the quarter. The business had revenue of $15.45 million during the quarter.

About OMNIQ

(Free Report)

OMNIQ Corp. provides artificial intelligence-based solutions in the United States. The company provides artificial intelligence technology to deliver data collection, real-time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic and parking management, and access control applications.

Further Reading

Want to see what other hedge funds are holding OMQS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OMNIQ Corp. (NASDAQ:OMQSFree Report).

Receive News & Ratings for OMNIQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMNIQ and related companies with MarketBeat.com's FREE daily email newsletter.