Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
OLB Group Inc (NASDAQ: OLB) closed the day trading at $0.59 down -31.81% from the previous closing price of $0.86. In other words, the price has decreased by -$31.81 from its previous closing price. On the day, 1.06 million shares were traded. OLB stock price reached its highest trading level at $0.65 during the session, while it also had its lowest trading level at $0.58.
Ratios:
For a better understanding of OLB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLB now has a Market Capitalization of 5163958 and an Enterprise Value of 5403838. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 0.561 whereas that against EBITDA is -1.263.
Stock Price History:
The Beta on a monthly basis for OLB is 2.08, which has changed by -0.5476154 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, OLB has reached a high of $2.50, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -32.46%, while the 200-Day Moving Average is calculated to be -54.83%.
Shares Statistics:
Over the past 3-months, OLB traded about 89.20K shares per day on average, while over the past 10 days, OLB traded about 376550 shares per day. A total of 8.77M shares are outstanding, with a floating share count of 3.49M. Insiders hold about 60.21% of the company’s shares, while institutions hold 1.73% stake in the company. Shares short for OLB as of 1767139200 were 12432 with a Short Ratio of 0.14, compared to 1764288000 on 25877. Therefore, it implies a Short% of Shares Outstanding of 12432 and a Short% of Float of 0.36000002.
