Omega Flex traded at $27.10 this Friday May 15th, decreasing $0.35 or 1.28 percent since the previous trading session. Looking back, over the last four weeks, Omega Flex lost 17.30 percent. Over the last 12 months, its price fell by 22.48 percent. Looking ahead, we forecast Omega Flex to be priced at 26.56 by the end of this quarter and at 24.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Omega Flex, Inc. is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It operates through manufacture and sale of flexible metal hose, fittings, and accessories segment. The Company's products are used in residential and commercial construction, and general industrial markets. Its primary product, flexible gas piping, is used for gas piping within residential and commercial buildings. The Company's TracPipe and TracPipe CounterStrike flexible gas piping, along with its fittings, which are distributed under AutoSnap and AutoFlare names. Its product line MediTrac , which is a medical tubing used for piping medical gases (oxygen, nitrogen, nitrous oxide, carbon dioxide, and medical vacuum) in health care facilities.