Obic (OTCMKTS:OBIIF – Get Free Report) released its earnings results on Tuesday. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02, Zacks reports. Obic had a net margin of 54.92% and a return on equity of 15.58%.
Obic Price Performance
OBIIF stock opened at $24.32 on Tuesday. The firm has a market cap of $10.70 billion, a P/E ratio of 22.11 and a beta of 0.69. Obic has a 12 month low of $24.32 and a 12 month high of $24.82. The company’s 50-day moving average price is $24.86 and its two-hundred day moving average price is $29.63.
About Obic
Obic (OTCMKTS:OBIIF) is a Tokyo?based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on?premise installations or via cloud?based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision?making across various functional areas.
In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.
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