Obic Co (OTCMKTS:OBIIF – Get Free Report) shares dropped 4.6% during trading on Wednesday. The stock traded as low as $38.8090 and last traded at $38.8090. Approximately 25 shares were traded during trading, a decline of 100% from the average session volume of 22,389 shares. The stock had previously closed at $40.6720.
Obic Price Performance
The stock’s 50 day simple moving average is $34.45 and its 200-day simple moving average is $27.79. The company has a market capitalization of $16.67 billion, a PE ratio of 31.84 and a beta of 0.70.
Obic (OTCMKTS:OBIIF – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Obic had a return on equity of 16.24% and a net margin of 56.93%. The company had revenue of $243.48 million for the quarter, compared to analyst estimates of $237.82 million.
Obic Company Profile
Obic Co., Ltd. is a Japanese information technology company that provides business software and systems integration services. Founded in 1968, the company is headquartered in Tokyo and primarily serves businesses in Japan. Its offerings include OBIC7, an integrated enterprise software suite designed to support functions such as accounting, human resources, sales management and production management. Obic also provides consulting, system planning and development, implementation, and ongoing operational support.
Featured Stories
- Five stocks we like better than Obic
- Can Constellation Energy’s Contracts Power a Stock Rebound?
- Why Apple Stock Looks Like a Safe Haven After the Midterms
- IonQ Raised the Bar, But 3 Quantum Rivals Face Tough Questions
- On Holding’s Sell-Off Overlooks a Key Part of Its Earnings Story
Receive News & Ratings for Obic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obic and related companies with MarketBeat.com's FREE daily email newsletter.
