Omega Flex, Inc. is a manufacturer of flexible metal hoses, which are used in a variety of ways to carry gases and liquids within their particular applications. These applications include carrying fuel gases for residential and commercial buildings; carrying gasoline and diesel gasoline products (both above and below the ground) in a double-containment piping to contain any possible leaks, which is used in automotive and marina refueling, and fueling for back-up generation; using copper-alloy corrugated piping in medical or health care facilities to carry medical gases (oxygen, nitrogen, vacuum) or pure gases for pharmaceutical applications, and industrial applications. The Company's flexible gas piping products are sold under the trademarks, TracPipe CSST and TracPipe CounterStrike CSST, along with its fittings distributed under the trademark AutoFlare. Its MediTrac corrugated medical tubing (CMT) is used for piping medical gases in healthcare facilities.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 75.65%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 75.65%.
Fairly Valued
The company’s latest PE is 23.41, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 3.23M shares, decreasing 8.72% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 182.55K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.01.