Obic Co (OTCMKTS:OBIIF – Get Free Report) reached a new 52-week high on Wednesday. The stock traded as high as $38.3640 and last traded at $38.3640, with a volume of 17 shares traded. The stock had previously closed at $36.00.
Obic Price Performance
The company has a market capitalization of $16.74 billion, a P/E ratio of 33.07 and a beta of 0.69. The stock’s 50 day moving average is $31.39 and its 200-day moving average is $26.84.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. Obic had a net margin of 56.13% and a return on equity of 15.65%. The company had revenue of $225.66 million during the quarter, compared to the consensus estimate of $220.63 million.
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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