Obic Co (OTCMKTS:OBIIF – Get Free Report) shares gapped down prior to trading on Tuesday. The stock had previously closed at $33.71, but opened at $32.0060. Obic shares last traded at $32.0060, with a volume of 37 shares.
Obic Trading Down 3.0%
The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 28.08 and a beta of 0.69. The company has a fifty day moving average price of $30.81 and a two-hundred day moving average price of $26.53.
Obic (OTCMKTS:OBIIF – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Obic had a return on equity of 15.65% and a net margin of 56.13%. The company had revenue of $225.66 million for the quarter, compared to analyst estimates of $220.63 million.
About Obic
Obic Co, Ltd. is a Japanese information technology company that develops and provides enterprise business software, systems integration, and related support services. Its offerings are designed to help organizations manage core operations such as accounting, finance, sales, human resources, payroll, and production.
The company is known for its integrated “OBIC7” business software platform, which can be deployed with implementation, consulting, maintenance, and operational support services.
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