Obic Co (OTCMKTS:OBIIF – Get Free Report)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $35.30, but opened at $38.1080. Obic shares last traded at $38.1080, with a volume of 209 shares trading hands.
Obic Trading Down 4.8%
The firm has a market cap of $14.96 billion, a P/E ratio of 29.54 and a beta of 0.69. The stock’s fifty day moving average is $31.22 and its two-hundred day moving average is $26.75.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.33 earnings per share (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 firm had revenue of $225.66 million during the quarter, compared to the consensus estimate of $220.63 million.
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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