OFA Group (NASDAQ:OFAL) Posts Quarterly Earnings Results

OFA Group (NASDAQ:OFALGet Free Report) issued its earnings results on Friday. The company reported ($0.72) earnings per share for the quarter, Zacks reports.

OFA Group Stock Down 33.1%

Shares of OFAL stock opened at $1.09 on Friday. OFA Group has a 52-week low of $0.58 and a 52-week high of $17.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.49 and a quick ratio of 0.49. The company’s 50 day moving average is $1.57 and its 200 day moving average is $3.77.

Institutional Trading of OFA Group

A hedge fund recently bought a new stake in OFA Group stock. Virtu Financial LLC purchased a new stake in OFA Group (NASDAQ:OFALFree Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned 0.27% of OFA Group at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of OFA Group in a report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on OFA Group

About OFA Group

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for OFA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFA Group and related companies with MarketBeat.com's FREE daily email newsletter.