OMTK Stock Overview
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Omnitek Engineering Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.015 |
| 52 Week High | US$0.037 |
| 52 Week Low | US$0.01 |
| Beta | -0.53 |
| 1 Month Change | -1.32% |
| 3 Month Change | -27.88% |
| 1 Year Change | -53.13% |
| 3 Year Change | -87.80% |
| 5 Year Change | -75.41% |
| Change since IPO | -97.60% |
Recent News & Updates
Recent updates
Shareholder Returns
| OMTK | US Auto Components | US Market | |
|---|---|---|---|
| 7D | 5.1% | 6.1% | 3.3% |
| 1Y | -53.1% | -7.6% | 25.0% |
Return vs Industry: OMTK underperformed the US Auto Components industry which returned -7.6% over the past year.
Return vs Market: OMTK underperformed the US Market which returned 25% over the past year.
Price Volatility
| OMTK volatility | |
|---|---|
| OMTK Average Weekly Movement | n/a |
| Auto Components Industry Average Movement | 6.0% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: OMTK's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine OMTK's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 6 | Werner Funk | www.omnitekcorp.com |
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company’s products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications.
Omnitek Engineering Corp. Fundamentals Summary
| OMTK fundamental statistics | |
|---|---|
| Market cap | US$372.02k |
| Earnings (TTM) | -US$215.41k |
| Revenue (TTM) | US$1.06m |
0.3x
P/S Ratio-1.5x
P/E RatioIs OMTK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OMTK income statement (TTM) | |
|---|---|
| Revenue | US$1.06m |
| Cost of Revenue | US$639.78k |
| Gross Profit | US$415.53k |
| Other Expenses | US$630.94k |
| Earnings | -US$215.41k |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0098 |
| Gross Margin | 39.38% |
| Net Profit Margin | -20.41% |
| Debt/Equity Ratio | -20.8% |
How did OMTK perform over the long term?
See historical performance and comparison