Obic Co (OTCMKTS:OBIIF – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $38.3640 and last traded at $38.3640, with a volume of 17 shares traded. The stock had previously closed at $36.00.
Obic Price Performance
The firm’s fifty day moving average is $31.39 and its two-hundred day moving average is $26.84. The firm has a market capitalization of $16.74 billion, a PE ratio of 33.07 and a beta of 0.69.
Obic (OTCMKTS:OBIIF – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. Obic had a net margin of 56.13% and a return on equity of 15.65%. The business had revenue of $225.66 million for the quarter, compared to analyst estimates of $220.63 million.
About Obic
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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