OMNIQ (OTCMKTS:OMQS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Friday, Zacks.com reports.
According to Zacks, “OMNIQ Corp. is a provider of computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management, as well as access control applications. OMNIQ Corp. is headquartered in Salt Lake City, Utah. “
Separately, Lake Street Capital began coverage on shares of OMNIQ in a research report on Wednesday, November 17th. They set a “buy” rating and a $13.00 target price on the stock.
OMQS stock opened at $8.00 on Friday. OMNIQ has a fifty-two week low of $4.03 and a fifty-two week high of $16.00. The company’s 50 day moving average price is $9.47 and its 200 day moving average price is $9.32.
OMNIQ (OTCMKTS:OMQS) last announced its quarterly earnings results on Monday, November 15th. The company reported ($0.73) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.46). Analysts anticipate that OMNIQ will post -1.49 EPS for the current year.
OMNIQ Company Profile
OMNIQ Corp. provides computerized and machine vision image processing solutions. It uses patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications.
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