Obic Co (OTCMKTS:OBIIF – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $40.6720, but opened at $38.10. Obic shares last traded at $40.0180, with a volume of 156 shares.
Obic Price Performance
The company has a 50 day simple moving average of $34.23 and a 200-day simple moving average of $27.76. The stock has a market capitalization of $17.48 billion, a P/E ratio of 33.38 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last issued its earnings results on Tuesday, October 27th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. Obic had a net margin of 56.93% and a return on equity of 16.24%. The firm had revenue of $243.48 million during the quarter, compared to analyst estimates of $237.82 million.
About Obic
Obic Co., Ltd. is a Japanese information technology company that provides business software and systems integration services. Founded in 1968, the company is headquartered in Tokyo and primarily serves businesses in Japan. Its offerings include OBIC7, an integrated enterprise software suite designed to support functions such as accounting, human resources, sales management and production management. Obic also provides consulting, system planning and development, implementation, and ongoing operational support.
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