Obic Co (OTCMKTS:OBIIF – Get Free Report) reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $42.3580 and last traded at $42.3580, with a volume of 121 shares trading hands. The stock had previously closed at $38.8880.
Obic Stock Performance
The stock’s 50 day simple moving average is $33.99 and its 200 day simple moving average is $27.71. The firm has a market cap of $17.78 billion, a P/E ratio of 33.95 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.31 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $237.82 million.
Obic Company Profile
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.
The company’s services include system maintenance and support, as well as sales of office automation equipment.
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