Oblong Inc (NASDAQ:OBLG) currently has a daily average trading volume of 6.43M but it saw 4058173 shares traded in last market. With a market cap of 3.18M USD, the company’s current market price of $0.11 came falling about -17.82 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.13 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1007 while lowest mark touched by it was $0.1398.
Taking a look at 20-day trading activity of Oblong Inc (OBLG) gives us an average price of $0.1647, while its current price level is -89.92% below from 52-week high level whereas it is 12.22% 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 $0.1863 while that of 200 days or SMA-200 reads an average of $0.1661. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.34% during that period while stretching the period over a month that decreases to 11.60%. 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 30.22 which implies that the stock is in neutral territory.
Over the week, OBLG’s stock price is moving -35.25% down while it is -42.18% when we observe its performance for the past one month. Year-to-date it is -42.47% down and over the past year, the stock is showing a downside performance of -89.45%.
Currently, Oblong Inc’s total number of outstanding shares is 27.96M with 0.53% of that held by the insiders while 1.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -88.94% and return on equity (ROE) at -66.87%. Stock’s beta reads 3.23. Stock has a price to book (P/B) ratio of 0.64 while price to sale or P/S ratio amounts to 1.04. Its return on asset (ROA) is -55.80% on average.
