Shares of Obic Co (OTCMKTS:OBIIF – Get Free Report) reached a new 52-week high during trading on Friday. The stock traded as high as $40.7610 and last traded at $40.7610, with a volume of 354 shares. The stock had previously closed at $40.1260.
Obic Stock Up 2.2%
The company has a 50-day moving average of $32.78 and a two-hundred day moving average of $27.52. The company has a market capitalization of $17.79 billion, a P/E ratio of 33.97 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its quarterly earnings results 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 net margin of 56.93% and a return on equity of 16.24%.
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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