Oblong Inc (NASDAQ:OBLG) currently has a daily average trading volume of 87.62K but it saw 1480917 shares traded in last market. With a market cap of 2.53M USD, the company’s current market price of $3.57 came rising about 2.11 while comparing to the previous closing price of $3.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.80 and as low as $3.16. In the recent trading on the day, stock has struck highest price mark of $3.51 while lowest mark touched by it was $4.5999.
Taking a look at 20-day trading activity of Oblong Inc (OBLG) gives us an average price of $4.05, while its current price level is -89.12% below from 52-week high level whereas it is 12.97% 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 $5.78 while that of 200 days or SMA-200 reads an average of $6.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.45% during that period while stretching the period over a month that decreases to 16.92%. 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 36.50 which implies that the stock is in neutral territory.
Over the week, OBLG’s stock price is moving 6.57% up while it is -39.04% when we observe its performance for the past one month. Year-to-date it is -54.92% down and over the past year, the stock is showing a downside performance of -87.79%.
Currently, Oblong Inc’s total number of outstanding shares is 0.71M. Company’s return on investment (ROI) stands at -88.94% and return on equity (ROE) at -66.87%. Stock’s beta reads 3.17. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is -55.80% on average.
