Obic Co (OTCMKTS:OBIIF – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $35.30, but opened at $38.1080. Obic shares last traded at $38.1080, with a volume of 209 shares changing hands.
Obic Stock Down 4.8%
The firm has a market capitalization of $14.96 billion, a PE ratio of 29.54 and a beta of 0.69. The stock has a 50-day simple moving average of $31.22 and a 200-day simple moving average of $26.75.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Obic had a net margin of 56.13% and a return on equity of 15.65%. The firm had revenue of $225.66 million during the quarter, compared to analyst estimates of $220.63 million.
About Obic
Obic Co, Ltd. is a Japanese information technology company that provides business software and systems integration services. The company develops and supports enterprise systems designed to help organizations manage accounting, human resources, payroll, sales, production, inventory and other core administrative functions.
Obic’s principal software offering is the OBIC7 enterprise resource planning platform, which is tailored to the operational needs of businesses and other organizations.
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