In the latest session, Oblong Inc (NASDAQ: OBLG) closed at $0.16 up 5.26% from its previous closing price of $0.16. In other words, the price has increased by $+0.0082 from its previous closing price. On the day, 516770 shares were traded.
Ratios:
For a deeper understanding of Oblong Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.67 and its Current Ratio is at 5.92. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 24 when ADELMAN JASON T sold 52,191 shares for $0.18 per share. The transaction valued at 9,655 led to the insider holds 0 shares of the business.
Meredith Deborah Jean sold 7,373 shares of OBLG for $10,504 on Jun 16. The Director now owns 0 shares after completing the transaction at $1.42 per share. On Jun 15, another insider, Meredith Deborah Jean, who serves as the Director of the company, sold 3,671 shares for $1.51 each. As a result, the insider received 5,530 and left with 7,673 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OBLG now has a Market Capitalization of 3.37M and an Enterprise Value of -424.78k. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at -0.96 whereas that against EBITDA is 1.02.
Stock Price History:
Over the past 52 weeks, OBLG has reached a high of $3.94, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 0.1718, while the 200-Day Moving Average is calculated to be 0.6636.
Shares Statistics:
For the past three months, OBLG has traded an average of 1.18M shares per day and 558.71k over the past ten days. A total of 16.68M shares are outstanding, with a floating share count of 16.55M. Insiders hold about 0.79% of the company’s shares, while institutions hold 2.15% stake in the company. Shares short for OBLG as of Jan 31, 2024 were 281.22k with a Short Ratio of 0.24, compared to 495.85k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.69% and a Short% of Float of 1.69%.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.1. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $1.43M this quarter.It ranges from a high estimate of $1.74M to a low estimate of $1.74M. As of the current estimate, Oblong Inc’s year-ago sales were $1.97M, an estimated decrease of -27.70% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for OBLG’s current fiscal year. The highest revenue estimate was $6.28M, while the lowest revenue estimate was $6.28M, resulting in an average revenue estimate of $5.48M. In the same quarter a year ago, actual revenue was $7.74M, down -29.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $10.98M in the next fiscal year. The high estimate is $10.98M and the low estimate is $10.98M. The average revenue growth estimate for next year is up 100.50% from the average revenue estimate for this year.
