Obic (OTCMKTS:OBIIF) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Obic (OTCMKTS:OBIIF – Get Free Report) announced its earnings results on Tuesday. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01, Zacks reports. Obic had a return on equity of 15.65% and a net margin of 56.13%.

Obic Stock Performance

OBIIF traded down $3.79 during midday trading on Tuesday, hitting $36.64. The company had a trading volume of 3 shares, compared to its average volume of 25,825. The company has a market capitalization of $15.99 billion, a PE ratio of 31.59 and a beta of 0.69. Obic has a twelve month low of $21.11 and a twelve month high of $40.45. The firm’s 50-day simple moving average is $31.87 and its 200-day simple moving average is $27.36.

About Obic

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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.

See Also

Earnings History for Obic (OTCMKTS:OBIIF)

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