Obic Co (OTCMKTS:OBIIF – Get Free Report) reached a new 52-week high on Wednesday. The company traded as high as $38.3640 and last traded at $38.3640, with a volume of 17 shares. The stock had previously closed at $36.00.
Obic Price Performance
The company has a 50-day moving average price of $31.77 and a 200-day moving average price of $27.03. The firm has a market capitalization of $16.69 billion, a PE ratio of 32.97 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. Obic had a return on equity of 15.65% and a net margin of 56.13%. The business had revenue of $225.66 million for 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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