Obic Co (OTCMKTS:OBIIF – Get Free Report)’s share price gapped down before the market opened on Tuesday. The stock had previously closed at $40.4310, but opened at $36.64. Obic shares last traded at $40.72, with a volume of 242 shares changing hands.
Obic Stock Up 2.6%
The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 34.59 and a beta of 0.68. The company’s 50-day simple moving average is $32.56 and its 200-day simple moving average is $27.48.
Obic (OTCMKTS:OBIIF – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The company had revenue of $243.48 million during the quarter, compared to analysts’ expectations of $237.82 million. Obic had a net margin of 56.13% and a return on equity of 15.65%.
Obic Company Profile
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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