Obic Co (OTCMKTS:OBIIF - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $40.09 and last traded at $40.09, with a volume of 1 shares. The stock had previously closed at $37.88.
The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The firm had revenue of $225.04 million during the quarter, compared to analyst estimates of $217.16 million.
Obic Stock Up 5.8%
The firm has a market cap of $17.64 billion, a P/E ratio of 41.63 and a beta of 0.76. The business's 50 day moving average is $36.11 and its two-hundred day moving average is $31.32.
About Obic
(
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OBIC Co,Ltd., together with its subsidiaries, provides system integration, system support, office automation, and package software services. It offers system integration services, including developing ERP software products to provide integrated administrative systems comprising personnel, payroll, working condition management, marketing, and production systems, as well as related training courses.
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