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Obic (OTCMKTS:OBIIF) Trading 5.5% Higher - Still a Buy?

Obic logo with Computer and Technology background

Obic Co (OTCMKTS:OBIIF - Get Free Report)'s share price rose 5.5% during trading on Wednesday . The company traded as high as $39.00 and last traded at $39.00. Approximately 253 shares traded hands during trading, an increase of 123% from the average daily volume of 113 shares. The stock had previously closed at $36.97.

Obic Price Performance

The business has a fifty day simple moving average of $34.79 and a 200 day simple moving average of $30.91. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 42.86 and a beta of 0.76.

About Obic

(Get Free Report)

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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