Obic (OTCMKTS:OBIIF – Get Free Report) posted its earnings results on Tuesday. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01, Zacks reports. Obic had a net margin of 56.13% and a return on equity of 15.65%.
Obic Price Performance
Shares of OTCMKTS:OBIIF opened at $40.43 on Tuesday. The firm has a fifty day moving average price of $31.87 and a two-hundred day moving average price of $27.36. Obic has a one year low of $21.11 and a one year high of $40.45. The company has a market cap of $17.64 billion, a price-to-earnings ratio of 32.41 and a beta of 0.69.
Obic Company Profile
Obic Co, Ltd. is a Japanese information technology company that provides business software and systems integration services. The company develops and supports enterprise systems designed to help organizations manage accounting, human resources, payroll, sales, production, inventory and other core administrative functions.
Obic’s principal software offering is the OBIC7 enterprise resource planning platform, which is tailored to the operational needs of businesses and other organizations.
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