Oblong Inc (NASDAQ:OBLG) currently has a daily average trading volume of 6.50M but it saw 694897 shares traded in last market. With a market cap of 4.79M USD, the company’s current market price of $0.17 came rising about 4.01 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.35 and as low as $0.10.
Taking a look at 20-day trading activity of Oblong Inc (OBLG) gives us an average price of $0.1754, while its current price level is -87.31% below from 52-week high level whereas it is 68.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1910 while that of 200 days or SMA-200 reads an average of $0.1684. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.85% during that period while stretching the period over a month that decreases to 9.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.93 which implies that the stock is in neutral territory.
Over the week, OBLG’s stock price is moving 7.13% up while it is -0.41% when we observe its performance for the past one month. Year-to-date it is -13.48% down and over the past year, the stock is showing a downside performance of -86.72%.
Currently, Oblong Inc’s total number of outstanding shares is 27.96M. Company’s return on investment (ROI) stands at -122.67% and return on equity (ROE) at -103.19%. Stock’s beta reads 3.27. Stock has a price to book (P/B) ratio of 0.78 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is -70.09% on average.
