Shares of Obic Co (OTCMKTS:OBIIF – Get Free Report) traded up 6.7% on Thursday. The stock traded as high as $39.6970 and last traded at $39.6970. 910 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 27,773 shares. The stock had previously closed at $37.21.
Obic Price Performance
The company has a fifty day moving average of $31.58 and a 200 day moving average of $26.94. The firm has a market capitalization of $16.69 billion, a P/E ratio of 32.97 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $225.66 million during the quarter, compared to analyst estimates of $220.63 million. Obic had a net margin of 56.13% and a return on equity of 15.65%.
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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