Obic (OTCMKTS:OBIIF) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research cut shares of Obic (OTCMKTS:OBIIF) from a buy rating to a hold rating in a research note published on Thursday, January 11th.

According to Zacks, “OBIC Co., Ltd provides system integration services, system support services, office automation services, and package software services. It also sells, leases and develops computers, peripherals, related systems and customized software. OBIC Co., Ltd is headquartered in Tokyo, Japan. “

Obic (OTCMKTS OBIIF) traded up $0.90 on Thursday, hitting $81.25. The stock had a trading volume of 600 shares, compared to its average volume of 600. Obic has a 12 month low of $80.30 and a 12 month high of $81.25.

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