Omega Protein Corporation (NYSE:OME) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded Omega Protein Corporation (NYSE:OME) to Hold in a report released on 10/12/2016.
Yesterday Omega Protein Corporation (NYSE:OME) traded -1.27% lower at $23.31. The company’s 50-day moving average is $24.49 and its 200-day moving average is $21.09. The last stock close price is up 10.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 83,526 shares of Omega Protein Corporation exchanged hands, down from an avg. volume of 224,385
With a total market value of $0, Omega Protein Corporation has price-earnings ratio of 19.12 with a one year low of $14.58 and a one year high of $26.00 .
A total of 3 analysts have released a research note on OME. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $21.67.
General Company Details For Omega Protein Corporation (NYSE:OME)
Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products across the world. The Company operates through two segments: animal nutrition and human nutrition. The Company's animal nutrition segment consists primarily of two subsidiaries: Omega Protein, Inc. (Omega Protein) and Omega Shipyard, Inc. (Omega Shipyard). Omega Protein operates approximately three menhaden processing plants in the states of Louisiana, Mississippi and Virginia. The human nutrition segment does business under the name Bioriginal, which includes all of the human nutrition businesses. Bioriginal has over three primary product lines: plant and marine based specialty oils, protein products and other nutraceutical ingredients. Bioriginal consists of approximately four subsidiaries: Bioriginal Food & Science Corp. (Bioriginal Food & Science), Wisconsin Specialty Protein, L.L.C. (WSP), Cyvex Nutrition, Inc. (Cyvex) and InCon Processing, L.L.C. (InCon).
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