Obic (OTCMKTS:OBIIF – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01, Zacks reports. Obic had a return on equity of 15.65% and a net margin of 56.13%.
Obic Trading Up 7.5%
Shares of OBIIF opened at $40.43 on Tuesday. Obic has a 12-month low of $21.11 and a 12-month high of $40.45. The company has a market cap of $17.64 billion, a PE ratio of 32.41 and a beta of 0.69. The stock has a 50-day moving average price of $31.87 and a 200-day moving average price of $27.36.
Obic Company Profile
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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