OMNIQ CORP (OTC: OMQS) Gets Major New Order

Gaining a new order is almost always seen as a positive by most investors, and hence, it would be no surprise if the OMNIQ CORP (OTC: OMQS) stock gets some attention from investors. The company was in the news cycle yesterday after it announced that it had bagged an order worth north of $4 million.

New Order

In the news release yesterday, OMNIQ CORP announced that it had received a purchase order worth $4.4 million from a noted logistics services provider. The order in question had been placed for the company’s ruggedized handheld mobile computers. The company also stated that the order was a demonstration of the rising demand for durable, connected, and intelligent solutions, which could help boost the operational efficiency in the realms of supply chain management and logistics.

Further Information

The company further added that the ruggedized handheld mobile computers would also allow frontline workers to have real-time access to data, smooth system integration, and workflow automation. The computers had been developed to serve its range of purposes in the most challenging environments, and it remains to be seen if OMNIQ CORP can bag new orders following this breakthrough.

Management Comment

“As industries continue to evolve, the need for resilient, automated, and scalable technology solutions has never been greater,” said Shai Lustgarten, CEO at OMNIQ. “This order reflects our commitment to delivering cutting-edge solutions that help logistics leaders optimize operations, reduce downtime, and drive higher efficiency across their supply chains.”

Fundamentals

P/E Ratio-0.0600
PEG Ratio
Price to Book-0.04
Price to Cash Flow0.569748
Price to Free Cash Flow
Total Sales (TTM)71.37 M
Revenue per Share (TTM)6.67
Shares Outstanding10.713 M
Share Float (%)8.82 M (82.33%)
% Held by Institutions0.02