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Oblong Inc (NASDAQ: OBLG) closed the day trading at $4.64 up 6.42% from the previous closing price of $4.36. In other words, the price has increased by $6.42 from its previous closing price. On the day, 0.17 million shares were traded. OBLG stock price reached its highest trading level at $4.99 during the session, while it also had its lowest trading level at $4.33.
Ratios:
For a better understanding of OBLG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.38. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 7399686 and an Enterprise Value of 626138. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 0.264.
Stock Price History:
The Beta on a monthly basis for OBLG is 3.76, which has changed by -0.35555553 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, OBLG has reached a high of $8.18, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is 35.46%, while the 200-Day Moving Average is calculated to be 30.02%.
Shares Statistics:
Over the past 3-months, OBLG traded about 464.06K shares per day on average, while over the past 10 days, OBLG traded about 129050 shares per day. A total of 1.59M shares are outstanding, with a floating share count of 1.29M. Insiders hold about 19.19% of the company’s shares, while institutions hold 1.72% stake in the company. Shares short for OBLG as of 1749772800 were 170245 with a Short Ratio of 0.37, compared to 1747267200 on 61063. Therefore, it implies a Short% of Shares Outstanding of 170245 and a Short% of Float of 10.6800005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0