Obic (OTCMKTS:OBIIF – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a report released on Monday,Zacks.com reports.
Obic Stock Down 6.8%
Shares of OTCMKTS OBIIF opened at $23.88 on Monday. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 20.94 and a beta of 0.65. Obic has a 52-week low of $23.88 and a 52-week high of $28.52. The business’s 50 day moving average is $25.16 and its two-hundred day moving average is $27.73.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $221.04 million for the quarter, compared to analyst estimates of $217.38 million. Obic had a return on equity of 15.43% and a net margin of 55.67%. Analysts anticipate that Obic will post 0.6 EPS for the current fiscal year.
Obic Company Profile
Obic (OTCMKTS:OBIIF) is a Tokyo‐based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on‐premise installations or via cloud‐based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision‐making across various functional areas.
In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.
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