OFA Group (NASDAQ:OFAL) Stock Price Up 3.2% – Should You Buy?

OFA Group (NASDAQ:OFAL)’s share price traded up 3.2% during mid-day trading on Friday . The company traded as high as $0.6599 and last traded at $0.6501. 19,431 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 79,229 shares. The stock had previously closed at $0.63.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of OFA Group in a research note on Monday, December 15th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

OFA Group Stock Performance

The business has a 50 day moving average of $0.87 and a 200-day moving average of $1.34.

Institutional Investors Weigh In On OFA Group

An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC acquired a new stake in shares of OFA Group (NASDAQ:OFAL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned approximately 0.27% of OFA Group at the end of the most recent quarter.

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.