Objective (ASX:OCL) Reaches New 12-Month High at $6.60

Objective Co. Limited (ASX:OCL)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as A$6.60 ($4.68) and last traded at A$6.49 ($4.60), with a volume of 35078 shares. The stock had previously closed at A$5.90 ($4.18).

The company has a market cap of $603.43 million and a price-to-earnings ratio of 67.60. The company has a current ratio of 1.33, a quick ratio of 1.28 and a debt-to-equity ratio of 39.59. The business has a fifty day moving average price of A$4.93 and a two-hundred day moving average price of A$3.59.

In related news, insider Gary Fisher sold 400,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of A$4.00 ($2.84), for a total transaction of A$1,600,000.00 ($1,134,751.77).

About Objective (ASX:OCL)

Objective Corporation Limited, together with its subsidiaries, provides information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. The company offers objective enterprise content management that manages content, builds business processes, and empowers users to achieve desired outcomes; objective inform, which provides document management, records management, office 365, SharePoint governance, deployment options, reporting insights, and drawings management solutions; and objective perform, a streamline content-driven process that offers workflow designing, case management, anywhere access, transparency, accountability, and governance solutions.

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