Wall Street Zen Upgrades OFA Group (NASDAQ:OFAL) to “Sell”

OFA Group (NASDAQ:OFAL) was upgraded by analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of OFA Group in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

OFA Group Price Performance

NASDAQ OFAL opened at $0.59 on Friday. The business has a fifty day moving average price of $1.04 and a two-hundred day moving average price of $3.23. The stock has a market capitalization of $2.74 million, a PE ratio of -0.82 and a beta of 1.11. OFA Group has a fifty-two week low of $0.57 and a fifty-two week high of $17.10. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.40 and a quick ratio of 0.40.

OFA Group (NASDAQ:OFAL) last issued its quarterly earnings results on Saturday, August 15th. The company reported ($0.72) earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million during the quarter.

Hedge Funds Weigh In On OFA Group

An institutional investor recently bought a new stake in OFA Group stock. Virtu Financial LLC bought a new stake in OFA Group (NASDAQ:OFAL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned approximately 0.27% of OFA Group at the end of the most recent reporting period.

About OFA Group

Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.