Obic Co Ltd (OBIIF) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of Obic Co Ltd (NASDAQ:OBIIF) from a strong-buy rating to a hold rating in a report published on Tuesday morning.

According to Zacks, “OBIC Co., Ltd provides system integration services, system support services, office automation services, and package software services. It also sells, leases and develops computers, peripherals, related systems and customized software. OBIC Co., Ltd is headquartered in Tokyo, Japan. “

Shares of Obic Co (NASDAQ OBIIF) traded down 15.38% on Tuesday, reaching $45.10. 200 shares of the company’s stock were exchanged. Obic Co has a one year low of $45.10 and a one year high of $45.10.

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