Obic Co (OTCMKTS:OBIIF – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $42.3580 and last traded at $42.3580, with a volume of 121 shares traded. The stock had previously closed at $38.8880.
Obic Stock Down 3.4%
The company’s 50-day moving average price is $34.45 and its 200-day moving average price is $27.79. The firm has a market cap of $17.15 billion, a price-to-earnings ratio of 33.89 and a beta of 0.70.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Obic had a net margin of 56.93% and a return on equity of 16.24%. The firm had revenue of $243.48 million during the quarter, compared to analysts’ expectations of $237.82 million.
Obic Company Profile
Obic Co., Ltd. is a Japanese information technology company that provides business software and systems integration services. Founded in 1968, the company is headquartered in Tokyo and primarily serves businesses in Japan. Its offerings include OBIC7, an integrated enterprise software suite designed to support functions such as accounting, human resources, sales management and production management. Obic also provides consulting, system planning and development, implementation, and ongoing operational support.
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