Oblong Inc (NASDAQ:OBLG) currently has a daily average trading volume of 117.74K but it saw 33576526 shares traded in last market. With a market cap of 4.64M USD, the company’s current market price of $6.54 came rising about 92.92 while comparing to the previous closing price of $3.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.00 and as low as $2.81. In the recent trading on the day, stock has struck highest price mark of $3.6001 while lowest mark touched by it was $6.7.
Taking a look at 20-day trading activity of Oblong Inc (OBLG) gives us an average price of $3.96, while its current price level is -78.20% below from 52-week high level whereas it is 132.74% 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 $5.45 while that of 200 days or SMA-200 reads an average of $6.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.48% during that period while stretching the period over a month that decreases to 21.15%. 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 66.90 which implies that the stock is in neutral territory.
Over the week, OBLG’s stock price is moving 83.19% up while it is 45.59% when we observe its performance for the past one month. Year-to-date it is -17.42% down and over the past year, the stock is showing a downside performance of -77.69%.
The company is expected to be releasing its next quarterly report on 2022-Nov-10, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Oblong Inc’s total number of outstanding shares is 0.71M with 0.70% of that held by the insiders while 3.69% 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 3.19. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 1.52. Its return on asset (ROA) is -55.80% on average.
