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Stock impact report

Omega Flex: Too Early For Optimism [Seeking Alpha]

Omega Flex, Inc. (OFLX) 
US:NASDAQ Investor Relations: omegaflexcorp.com
Company Research Source: Seeking Alpha
OFLX maintains a strong balance sheet with no debt and $49.3 million in cash, but its valuation is not compelling. Multiples suggest OFLX trades at fair value, with only slight relative cheapness versus peers on select metrics. I rate OFLX a soft "Sell" given ongoing fundamental deterioration and limited near-term recovery prospects. Dmitriy83/iStock via Getty Images I have always been drawn to companies with simple business models. And one of the firms with the simplest business models is Omega Flex, Inc. OFLX ), a producer and seller of flexible metal hoses. These are used to carry More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector. Sign up today for you Show less Read more
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