Obic Co (OTCMKTS:OBIIF – Get Free Report)’s share price gapped up before the market opened on Monday. The stock had previously closed at $33.21, but opened at $34.90. Obic shares last traded at $34.90, with a volume of 759 shares traded.
Obic Stock Performance
The company has a 50-day moving average of $30.68 and a 200-day moving average of $26.47. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 28.95 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $225.66 million for the quarter, compared to analysts’ expectations of $220.63 million. Obic had a return on equity of 15.65% and a net margin of 56.13%.
Obic Company Profile
Obic Co, Ltd. is a Japanese information technology company that develops and provides enterprise business software, systems integration, and related support services. Its offerings are designed to help organizations manage core operations such as accounting, finance, sales, human resources, payroll, and production.
The company is known for its integrated “OBIC7” business software platform, which can be deployed with implementation, consulting, maintenance, and operational support services.
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