Obic Co (OTCMKTS:OBIIF – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $21.11, but opened at $25.7901. Obic shares last traded at $25.7901, with a volume of 9 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Obic to a “hold” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Obic has an average rating of “Hold”.
View Our Latest Analysis on OBIIF
Obic Stock Performance
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $225.66 million for the quarter, compared to the consensus estimate of $220.63 million. Obic had a net margin of 56.13% and a return on equity of 15.43%. Equities analysts anticipate that Obic Co will post 0.6 earnings per share for the current fiscal year.
About Obic
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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