Obic Co (OTCMKTS:OBIIF – Get Free Report) shares hit a new 52-week high during trading on Friday. The stock traded as high as $40.7610 and last traded at $40.7610, with a volume of 354 shares traded. The stock had previously closed at $40.1260.
Obic Trading Up 2.2%
The company has a market capitalization of $17.79 billion, a P/E ratio of 33.97 and a beta of 0.69. The company has a 50 day moving average price of $32.78 and a 200 day moving average price of $27.52.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $243.48 million for the quarter, compared to the consensus estimate of $237.82 million. Obic had a return on equity of 16.24% and a net margin of 56.93%.
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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