OFA Group (NASDAQ:OFAL) Announces Quarterly Earnings Results

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

OFA Group Trading Down 5.9%

Shares of NASDAQ:OFAL opened at $0.13 on Thursday. The company has a 50-day moving average price of $0.30 and a two-hundred day moving average price of $0.44. OFA Group has a twelve month low of $0.11 and a twelve month high of $2.55.

Institutional Trading of OFA Group

An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC bought a new position in OFA Group (NASDAQ:OFAL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned 0.27% of OFA Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

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

About OFA Group

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.