Objective (ASX:OCL) Shares Down 1.8%

Objective Co. Limited (ASX:OCL)’s share price traded down 1.8% during mid-day trading on Thursday . The stock traded as low as A$3.25 ($2.30) and last traded at A$3.31 ($2.35), 14,030 shares traded hands during trading. The stock had previously closed at A$3.37 ($2.39).

The stock has a market capitalization of $306.81 million and a P/E ratio of 44.13. The firm has a 50 day moving average price of A$3.22. The company has a quick ratio of 1.25, a current ratio of 1.29 and a debt-to-equity ratio of 52.86.

Objective Company Profile (ASX:OCL)

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.

Further Reading: How Does the Quiet Period Work?

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