Obic Co (OTCMKTS:OBIIF – Get Free Report) shares were up 6.7% during mid-day trading on Thursday. The stock traded as high as $39.6970 and last traded at $39.6970. 910 shares traded hands during trading, a decline of 97% from the average daily volume of 27,773 shares. The stock had previously closed at $37.21.
Obic Trading Down 1.7%
The stock has a 50 day simple moving average of $31.94 and a 200 day simple moving average of $27.10. The firm has a market capitalization of $16.41 billion, a PE ratio of 32.41 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. Obic had a return on equity of 15.65% and a net margin of 56.13%. The firm had revenue of $225.66 million during the quarter, compared to the consensus estimate 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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