Obic Co (OTCMKTS:OBIIF – Get Free Report) shares gapped up before the market opened on Tuesday. The stock had previously closed at $35.30, but opened at $38.1080. Obic shares last traded at $38.1080, with a volume of 209 shares.
Obic Stock Performance
The company has a market cap of $16.74 billion, a price-to-earnings ratio of 32.08 and a beta of 0.69. The stock’s fifty day moving average is $31.58 and its two-hundred day moving average is $26.94.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Obic had a return on equity of 15.65% and a net margin of 56.13%. The firm had revenue of $225.66 million during the quarter, compared to analyst estimates of $220.63 million.
About Obic
Obic Co, Ltd. is a Japanese information technology company that provides business software and systems integration services. The company develops and supports enterprise systems designed to help organizations manage accounting, human resources, payroll, sales, production, inventory and other core administrative functions.
Obic’s principal software offering is the OBIC7 enterprise resource planning platform, which is tailored to the operational needs of businesses and other organizations.
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