Here's Why Conestoga Capital Advisors Liquidated Omega Flex (OFLX) [Yahoo! Finance]
Omega Flex, Inc. (OFLX)
US:NASDAQ Investor Relations:
omegaflexcorp.com
Company Research
Source: Yahoo! Finance
A copy of the letter can be downloaded here . At its September meeting, the Federal Reserve lowered the Federal Funds rate by 50 basis points due to weaker employment growth and moderate inflation. Equity markets welcomed the news, raising optimism for a soft landing in the U.S. economy. On September 26th, the S&P 500 Index achieved a record high, the Russell 2000 Index also moved higher over the quarter but remains roughly 10% below its all-time high. The Conestoga Small Cap Composite surged 10.09% (net) in the third quarter outperforming the Russell 2000 Growth Index's 8.41% return. The Conestoga SMid Cap Composite returned 12.94% (net) versus the Russell 2500 Growth Index's 6.99% return. The Conestoga Micro Cap Composite advanced 7.60% (net) but trailed the Russell Microcap Growth Index's return of 8.57%. Finally, the Conestoga Mid Cap Composite returned 8.36% (net) outperforming the Russell Midcap Growth Index's 6.54%. Please check the top 5 holdings of the fund for a better under
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OFLX
Sec Filings
- 11/1/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 9/11/24 - Form 8-K
- OFLX's page on the SEC website