Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
OLB Group Inc (NASDAQ: OLB) closed the day trading at $0.33 down -14.95% from the previous closing price of $0.39. In other words, the price has decreased by -$14.95 from its previous closing price. On the day, 1.31 million shares were traded. OLB stock price reached its highest trading level at $0.39 during the session, while it also had its lowest trading level at $0.3137.
Ratios:
For a better understanding of OLB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.25. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 Jan 16 ’24 when YAKOV RONNY bought 784,212 shares for $0.77 per share. The transaction valued at 600,001 led to the insider holds 5,409,701 shares of the business.
Smith Patrick G bought 392,106 shares of OLB for $300,000 on Jan 16 ’24. The Vice President now owns 642,929 shares after completing the transaction at $0.77 per share. On Jul 21 ’23, another insider, YAKOV RONNY, who serves as the Chairman and CEO of the company, bought 8,115 shares for $0.99 each. As a result, the insider paid 8,052 and bolstered with 4,625,489 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, OLB now has a Market Capitalization of 5970657 and an Enterprise Value of 8003438. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.262 whereas that against EBITDA is -2.083.
Stock Price History:
Over the past 52 weeks, OLB has reached a high of $1.17, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -49.07%, while the 200-Day Moving Average is calculated to be -54.91%.
Shares Statistics:
Over the past 3-months, OLB traded about 44.01K shares per day on average, while over the past 10 days, OLB traded about 152560 shares per day. A total of 15.22M shares are outstanding, with a floating share count of 10.80M. Insiders hold about 40.28% of the company’s shares, while institutions hold 3.26% stake in the company. Shares short for OLB as of 1711584000 were 12875 with a Short Ratio of 0.29, compared to 1709164800 on 4820. Therefore, it implies a Short% of Shares Outstanding of 12875 and a Short% of Float of 0.1.
Earnings Estimates
Investors are keenly observing as OLO analysts analyze and rate the current performance of OLB Group Inc (OLB) in the stock market.The consensus estimate for the next quarter is $49.85, with high estimates of $4.09 and low estimates of $112.15.
