Obic Co (OTCMKTS:OBIIF – Get Free Report)’s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $40.6720, but opened at $38.10. Obic shares last traded at $40.0180, with a volume of 156 shares traded.
Obic Stock Performance
The company has a market cap of $16.41 billion, a price-to-earnings ratio of 32.75 and a beta of 0.70. The stock’s fifty day moving average is $34.63 and its two-hundred day moving average is $27.82.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $243.48 million during the quarter, compared to analyst estimates of $237.82 million. Obic had a return on equity of 16.24% and a net margin of 56.93%.
About Obic
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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