Shares of Obic Co (OTCMKTS:OBIIF – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $24.32, but opened at $28.5160. Obic shares last traded at $28.5160, with a volume of 49 shares.
Obic Stock Up 17.3%
The firm’s fifty day moving average is $24.60 and its two-hundred day moving average is $28.95. The firm has a market cap of $12.54 billion, a P/E ratio of 25.01 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $221.04 million during the quarter, compared to analyst estimates of $217.38 million. Obic had a net margin of 55.67% and a return on equity of 15.43%.
Obic Company Profile
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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