OFA Group (NASDAQ:OFAL) Announces Quarterly Earnings Results

OFA Group (NASDAQ:OFAL) released its quarterly earnings data on Tuesday. The company reported ($0.16) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $0.06 million for the quarter.

OFA Group Price Performance

Shares of OFAL opened at $0.16 on Tuesday. OFA Group has a one year low of $0.16 and a one year high of $3.37. The stock has a 50-day moving average price of $0.33 and a 200 day moving average price of $0.45.

Institutional Trading of OFA Group

A hedge fund recently bought a new position in OFA Group stock. Virtu Financial LLC bought a new stake in OFA Group (NASDAQ:OFAL) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned approximately 0.27% of OFA Group as of its most recent filing with the SEC.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of OFA Group in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, OFA Group currently has a consensus rating of “Sell”.

OFA Group Company Profile

Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.