Obic Co (OTCMKTS:OBIIF – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $35.30, but opened at $33.9030. Obic shares last traded at $37.6870, with a volume of 567 shares.
Obic Stock Performance
The stock’s 50-day simple moving average is $31.08 and its 200 day simple moving average is $26.67. The company has a market capitalization of $16.45 billion, a PE ratio of 32.49 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $225.66 million during the quarter, compared to analysts’ expectations of $220.63 million. Obic had a net margin of 56.13% and a return on equity of 15.65%.
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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