OFA Group (NASDAQ:OFAL) Releases Earnings Results

OFA Group (NASDAQ:OFAL) announced its quarterly earnings data on Wednesday. The company reported ($0.14) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.32 million during the quarter.

OFA Group Stock Performance

Shares of OFAL stock traded down $0.02 during trading hours on Thursday, hitting $0.47. 11,706 shares of the company were exchanged, compared to its average volume of 206,455. The company has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.90. OFA Group has a fifty-two week low of $0.26 and a fifty-two week high of $9.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC bought a new position in shares of OFA Group (NASDAQ:OFAL) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of OFA Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, 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.