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OmniLit Acquisition NasdaqGM:OLIT Stock Report

Last Price

US$8.44

Market Cap

US$48.7m

7D

-22.2%

1Y

-16.8%

Updated

07 Nov, 2023

Data

Company Financials

OmniLit Acquisition Corp.

NasdaqGM:OLIT Stock Report

Market Cap: US$48.7m

OLIT Stock Overview

OmniLit Acquisition Corp. does not have significant operations.

OLIT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends0/6

OmniLit Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OmniLit Acquisition
Historical stock prices
Current Share PriceUS$8.44
52 Week HighUS$19.50
52 Week LowUS$7.55
Beta0
1 Month Change-20.75%
3 Month Change-20.15%
1 Year Change-16.77%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

OLITUS Capital MarketsUS Market
7D-22.2%-4.9%-3.5%
1Y-16.8%22.2%20.2%

Return vs Industry: OLIT underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: OLIT underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is OLIT's price volatile compared to industry and market?
OLIT volatility
OLIT Average Weekly Movementn/a
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: OLIT's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine OLIT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aAl Kapoorwww.omnilitac.com

OmniLit Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on transactions with companies and/or assets within the photonics or optics, and related sectors.

OmniLit Acquisition Corp. Fundamentals Summary

How do OmniLit Acquisition's earnings and revenue compare to its market cap?
OLIT fundamental statistics
Market capUS$48.75m
Earnings (TTM)US$135.32k
Revenue (TTM)n/a

382.9x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OLIT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$135.32k
EarningsUS$135.32k

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-62.4%

How did OLIT perform over the long term?

See historical performance and comparison
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