Objective Co. Limited (ASX:OCL)’s stock price rose 6.5% during trading on Monday . The stock traded as high as A$4.90 ($3.48) and last traded at A$4.90 ($3.48), approximately 22,174 shares changed hands during mid-day trading. The stock had previously closed at A$4.60 ($3.26).
The stock has a market capitalization of $464.89 million and a price-to-earnings ratio of 52.08. The company’s fifty day simple moving average is A$4.36 and its 200 day simple moving average is A$3.34. The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 39.59.
In other Objective news, insider Gary Fisher sold 400,000 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of A$4.00 ($2.84), for a total value of A$1,600,000.00 ($1,134,751.77).
Objective Corporation Limited, together with its subsidiaries, provides information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. The company offers objective enterprise content management that manages content, builds business processes, and empowers users to achieve desired outcomes; objective inform, which provides document management, records management, office 365, SharePoint governance, deployment options, reporting insights, and drawings management solutions; and objective perform, a streamline content-driven process that offers workflow designing, case management, anywhere access, transparency, accountability, and governance solutions.
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