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NASDAQ: OLIT
Omnilit Acquisition Corp Stock

$10.34+0.02 (+0.19%)
Updated May 31, 2023
OLIT Price
$10.34
Fair Value Price
N/A
Market Cap
$60.38M
52 Week Low
$9.79
52 Week High
$11.55
P/E
258.5x
P/B
-108.1x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$806.89k
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.46
Operating Cash Flow
-$504k
Beta
0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

OLIT Overview

OmniLit Acquisition Corp. is a "blank check" company formed to effect mergers, stock purchases, or similar combinations with one or more businesses. It targets the photonics, optics, and related sectors. OmniLit Acquisition was incorporated in 2021 and is headquartered in Miami Beach, FL.

Zen Score

Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how OLIT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

OLIT is poor value based on its earnings relative to its share price (258.5x), compared to the US market average (54.01x)
P/E vs Market Valuation
OLIT is poor value based on its earnings relative to its share price (258.5x), compared to the US Shell Companies industry average (40.75x)
P/E vs Industry Valuation
OLIT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
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OLIT News

Valuation

OLIT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
258.5x
Industry
40.75x
Market
54.01x
OLIT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
OLIT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

OLIT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-108.1x
Industry
-27.23x

OLIT's financial health

Profit margin

Revenue
$0.0
Net Income
-$212.6k
Profit Margin
0%
OLIT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$14.3M
Liabilities
$816.4k
Debt to equity
-1.46
OLIT's short-term liabilities ($316.43k) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OLIT's long-term liabilities ($500.00k) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OLIT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
OLIT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$110.4k
Investing
$0.0
Financing
$0.0
OLIT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

OLIT vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
OLIT$60.38M+0.19%258.50x-108.10x
MACA$61.47M0.00%-68.93x-34.25x
INTE$61.53M+0.10%347.33x-7.27x
CCTS$59.17M0.00%-175.25x-13.53x
WTMA$62.03M-0.29%-52.45x-8.96x

Omnilit Acquisition Stock FAQ

What is Omnilit Acquisition's quote symbol?

(NASDAQ: OLIT) Omnilit Acquisition trades on the NASDAQ under the ticker symbol OLIT. Omnilit Acquisition stock quotes can also be displayed as NASDAQ: OLIT.

If you're new to stock investing, here's how to buy Omnilit Acquisition stock.

What is the 52 week high and low for Omnilit Acquisition (NASDAQ: OLIT)?

(NASDAQ: OLIT) Omnilit Acquisition's 52-week high was $11.55, and its 52-week low was $9.79. It is currently -10.48% from its 52-week high and 5.62% from its 52-week low.

How much is Omnilit Acquisition stock worth today?

(NASDAQ: OLIT) Omnilit Acquisition currently has 5,839,716 outstanding shares. With Omnilit Acquisition stock trading at $10.34 per share, the total value of Omnilit Acquisition stock (market capitalization) is $60.38M.

Omnilit Acquisition stock was originally listed at a price of $10.06 in Nov 9, 2021. If you had invested in Omnilit Acquisition stock at $10.06, your return over the last 1 years would have been 2.78%, for an annualized return of 2.78% (not including any dividends or dividend reinvestments).

How much is Omnilit Acquisition's stock price per share?

(NASDAQ: OLIT) Omnilit Acquisition stock price per share is $10.34 today (as of May 31, 2023).

What is Omnilit Acquisition's Market Cap?

(NASDAQ: OLIT) Omnilit Acquisition's market cap is $60.38M, as of Jun 1, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Omnilit Acquisition's market cap is calculated by multiplying OLIT's current stock price of $10.34 by OLIT's total outstanding shares of 5,839,716.
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