OFA Group (NASDAQ:OFAL) Announces Earnings Results

OFA Group (NASDAQ:OFALGet Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.21) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.02 million for the quarter.

OFA Group Trading Up 9.0%

OFAL stock opened at $0.25 on Thursday. OFA Group has a 12 month low of $0.21 and a 12 month high of $3.37. The firm has a 50-day moving average of $0.52 and a two-hundred day moving average of $0.54.

Institutional Trading of OFA Group

An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC acquired a new stake in OFA Group (NASDAQ:OFALFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned about 0.27% of OFA Group at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OFA Group in a research note on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, OFA Group has a consensus rating of “Sell”.

Read Our Latest Stock Analysis 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.

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