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After finishing at $0.11 in the prior trading day, Oblong Inc (NASDAQ: OBLG) closed at $0.12, up 5.17%. In other words, the price has increased by $5.17 from its previous closing price. On the day, 0.71 million shares were traded. OBLG stock price reached its highest trading level at $0.1181 during the session, while it also had its lowest trading level at $0.1079.
Ratios:
Our goal is to gain a better understanding of OBLG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 4.93. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 24 ’23 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 ’23. The Director now owns 0 shares after completing the transaction at $1.42 per share. On Jun 15 ’23, 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 2351228 and an Enterprise Value of -4039258. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at -1.06 whereas that against EBITDA is 0.942.
Stock Price History:
The Beta on a monthly basis for OBLG is 3.01, which has changed by -0.9433962 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, OBLG has reached a high of $2.55, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -20.07%, while the 200-Day Moving Average is calculated to be -68.78%.
Shares Statistics:
The stock has traded on average 2.52M shares per day over the past 3-months and 501450 shares per day over the last 10 days, according to various share statistics. 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 1.98% stake in the company. Shares short for OBLG as of 1713139200 were 299090 with a Short Ratio of 0.12, compared to 1710460800 on 48540. Therefore, it implies a Short% of Shares Outstanding of 299090 and a Short% of Float of 1.49.
Earnings Estimates
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 -$0.15. 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.