Stock News in Focus: Omnicom Group Inc. (NYSE:OMC)

Omnicom Group Inc. (NYSE:OMC) stock observed trading -8.12% off 52-week high price. On the other end, the stock has been noted 8.39% away from low price over the last 52-weeks. The stock disclosed a move of -1.30% away from 50 day moving average and -0.97% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.65% off 20-day moving average. It has market cap of $17.20B and dividend yield of 3.33%.

On Feb. 14, 2020, Omnicom Group Inc. (NYSE:OMC) revealed the amendment and extension of its multiyear revolving credit facility to February 2025. Amounts available for borrowings under the facility are unchanged at $2.5 billion. The agreement includes two one-year extensions of the facility on any anniversary date with bank approvals.

There were no borrowings outstanding under the prior revolving credit facility at December 31, 2019.

About Omnicom Group Inc.

Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

The USA based company Omnicom Group Inc. moved with change of -1.75% to $78.14 with the total traded volume of 1551926 shares in recent session versus to an average volume of 1.68M. The stock was observed in the 5 days activity at 3.17%. The one month performance of stock was -1.66%. OMC’s shares are at 0.19% for the quarter and driving a 5.20% return over the course of the past year and is now at -3.55% since this point in 2018.  Right now the stock beta is 0.65. The average volatility for the week and month was at 2.72% and 1.86% respectively. There are 220.18M shares outstanding and 215.94M shares are floated in market.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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