|Bid||3,522.00 x 0|
|Ask||3,800.00 x 0|
|Day's Range||3,999.00 - 3,999.00|
|52 Week Range||2,547.00 - 5,000.00|
|Beta (5Y Monthly)||0.21|
|PE Ratio (TTM)||74,055.55|
|Earnings Date||Mar 30, 2018 - Apr 02, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Optibase Ltd. (NASDAQ: OBAS), or Optibase, today announced that its subsidiary, Eldista GmbH (of which the Company owns 51%) ("Eldista"), the owner of an office building in Geneva, Switzerland, known as Centre des Technologies Nouvelles ("CTN Complex") has reached an agreement with its tenant in the CTN Complex, LEM INTERNATIONAL SA ("LEM"), in a dispute between the parties. The parties agreed to cease all current and future legal proceedings in connection with the aforesaid dispute and that Eldista will compensate LEM its alleged damages in a total amount of CHF 700,000 (approximately U.S. $766,000). For additional information regarding the dispute, see Item 8.A. in the Company's 2019 annual report on Form 20-F published on April 1, 2020.
Amir Philips became the CEO of Optibase Ltd. (NASDAQ:OBAS) in 2011, and we think it's a good time to look at the...
Optibase Ltd. (NASDAQ: OBAS) (the "Company") today announces financial results for the second quarter ended June 30, 2020.