Objective (ASX:OCL) Shares Up 6.5%

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Shares of Objective Co. Limited (ASX:OCL) shot up 6.5% during mid-day trading on Monday . The stock traded as high as A$4.90 ($3.48) and last traded at A$4.90 ($3.48), 22,174 shares changed hands during trading. The stock had previously closed at A$4.60 ($3.26).

The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 39.59. The stock has a fifty day moving average of A$4.36 and a 200-day moving average of A$3.34. The stock has a market cap of $464.89 million and a PE ratio of 52.08.

In other Objective news, insider Gary Fisher sold 400,000 shares of Objective stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of A$4.00 ($2.84), for a total value of A$1,600,000.00 ($1,134,751.77).

Objective Company Profile (ASX:OCL)

Objective Corporation Limited, together with its subsidiaries, provides information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. The company offers objective enterprise content management that manages content, builds business processes, and empowers users to achieve desired outcomes; objective inform, which provides document management, records management, office 365, SharePoint governance, deployment options, reporting insights, and drawings management solutions; and objective perform, a streamline content-driven process that offers workflow designing, case management, anywhere access, transparency, accountability, and governance solutions.

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