OFA Group (NASDAQ:OFAL) Posts Earnings Results

OFA Group (NASDAQ:OFALGet Free Report) announced its earnings results on Friday. The company reported ($0.72) EPS for the quarter, Zacks reports.

OFA Group Stock Performance

Shares of OFAL stock traded down $0.54 on Friday, reaching $1.09. 2,652,253 shares of the company were exchanged, compared to its average volume of 1,406,228. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.49 and a quick ratio of 0.49. The company has a 50-day moving average of $1.60 and a 200-day moving average of $3.78. OFA Group has a one year low of $0.58 and a one year high of $17.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of OFA Group in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on OFAL

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in OFA Group stock. Virtu Financial LLC purchased a new stake in shares of OFA Group (NASDAQ:OFALFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned about 0.27% of OFA Group as of its most recent filing with the SEC.

About OFA Group

(Get Free Report)

Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.

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