Today, a Director at Omega Flex (OFLX), Glanvill Derek, sold shares of OFLX for $209.9K.
Following Glanvill Derek’s last OFLX Sell transaction on February 29, 2016, the stock climbed by 118.7%. This is Derek’s first Sell trade following 4 Buy transactions.
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The company has a one-year high of $183.00 and a one-year low of $50.38. OFLX’s market cap is $1.49 billion and the company has a P/E ratio of 81.60. The Company has a Price to Book ratio of 39.10.
Glanvill Derek’s trades have generated a 44.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Omega Flex, Inc. engages in the manufacture and sale of flexible metal hose and accessories. The company offers products to numerous industries, such as steel production, fuel-handling, semi-conductor, medical, pharmaceutical, petrochemical, residential and commercial construction, and power generation. It operates products under the following trademarks: TracPipe, TracPipe CounterStrike, AutoSnap, AutoFlare, DoubleTrac, and SolarTrac. The company was founded in 1975 and is headquartered in Exton, PA.
