OFA Group (NASDAQ:OFAL) Posts Earnings Results

OFA Group (NASDAQ:OFAL) posted its quarterly earnings data on Friday. The company reported ($0.72) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $14.88 million for the quarter.

OFA Group Trading Down 33.1%

NASDAQ:OFAL opened at $1.09 on Friday. OFA Group has a 52-week low of $0.58 and a 52-week high of $17.50. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $1.57 and its 200 day simple moving average is $3.77.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of OFA Group in a report on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in OFA Group stock. Virtu Financial LLC purchased a new position in shares of OFA Group (NASDAQ:OFAL) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned about 0.27% of OFA Group as of its most recent SEC filing.

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.