As of close of business last night, Oblong Inc’s stock clocked out at $0.13, down -11.33% from its previous closing price of $0.14. In other words, the price has decreased by -$0.0161 from its previous closing price. On the day, 3996979 shares were traded.
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Ratios:
To gain a deeper understanding of OBLG’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2.10M and an Enterprise Value of -3.87M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at -1.02 whereas that against EBITDA is 0.97.
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 $0.11. The 50-Day Moving Average of the stock is 0.1648, while the 200-Day Moving Average is calculated to be 0.5329.
Shares Statistics:
It appears that OBLG traded 2.59M shares on average per day over the past three months and 12.13M shares per day 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 Feb 29, 2024 were 35.66k with a Short Ratio of 0.01, compared to 281.22k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.21% and a Short% of Float of 0.21%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. 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.
