Oblong Inc. (NASDAQ:OBLG) went up by 4.73% from its latest closing price compared to the recent 1-year high of $12.25. The company’s stock price has collected 1.05% of gains in the last five trading sessions. Press Release reported on 07/08/21 that 50+ Companies to Present at the Access to Giving Virtual Investor Conference on July 13th – 15th, 2021
Is It Worth Investing in Oblong Inc. (NASDAQ :OBLG) Right Now?
Plus, the 36-month beta value for OBLG is at 2.15. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Oblong Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $15.00. OBLG currently public float of 12.66M and currently shorts hold a 1.96% ratio of that float. Today, the average trading volume of OBLG was 113.78K shares.
OBLG’s Market Performance
OBLG stocks went up by 1.05% for the week, with a monthly drop of -18.41% and a quarterly performance of -32.24%, while its annual performance rate touched 15.20%. The volatility ratio for the week stands at 11.98% while the volatility levels for the past 30 days are set at 6.90% for Oblong Inc.. The simple moving average for the period of the last 20 days is -7.02% for OBLG stocks with a simple moving average of -31.43% for the last 200 days.
OBLG Trading at -15.92% from the 50-Day Moving Average
After a stumble in the market that brought OBLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.49% of loss for the given period.
Volatility was left at 6.90%, however, over the last 30 days, the volatility rate increased by 11.98%, as shares sank -17.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.40% lower at present.
During the last 5 trading sessions, OBLG rose by +1.05%, which changed the moving average for the period of 200-days by +26.32% in comparison to the 20-day moving average, which settled at $3.07. In addition, Oblong Inc. saw -43.97% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OBLG
Current profitability levels for the company are sitting at:
- -58.14 for the present operating margin
- +32.04 for the gross margin
The net margin for Oblong Inc. stands at -48.40. The total capital return value is set at -31.55, while invested capital returns managed to touch -29.86.
Based on Oblong Inc. (OBLG), the company’s capital structure generated 17.45 points at debt to equity in total, while total debt to capital is 14.86. Total debt to assets is 13.21, with long-term debt to equity ratio resting at 4.56. Finally, the long-term debt to capital ratio is 3.88.
When we switch over and look at the enterprise to sales, we see a ratio of 1.77, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 5.37 and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.