Shares of Obic Co (OTCMKTS:OBIIF – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $37.61, but opened at $39.5140. Obic shares last traded at $39.5140, with a volume of 13 shares changing hands.
Obic Stock Up 3.9%
The company has a market capitalization of $17.00 billion, a PE ratio of 32.47 and a beta of 0.70. The stock has a 50-day moving average of $34.75 and a 200 day moving average of $27.85.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. Obic had a return on equity of 16.24% and a net margin of 56.93%. The business had revenue of $243.48 million for the quarter, compared to analyst estimates of $237.82 million.
About Obic
Obic Co., Ltd. is a Japanese information technology company that provides business software and systems integration services. Founded in 1968, the company is headquartered in Tokyo and primarily serves businesses in Japan. Its offerings include OBIC7, an integrated enterprise software suite designed to support functions such as accounting, human resources, sales management and production management. Obic also provides consulting, system planning and development, implementation, and ongoing operational support.
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