Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OLB is 10.89M, and currently, short sellers hold a 0.00% ratio of that float. The average trading volume of OLB on May 07, 2024 was 20.02K shares.
OLB) stock’s latest price update
The stock of OLB Group Inc (NASDAQ: OLB) has decreased by -16.60 when compared to last closing price of 4.70.Despite this, the company has seen a loss of -17.79% in its stock price over the last five trading days. InvestorPlace reported 2024-04-22 that OLB Group (NASDAQ: OLB ) stock is heading higher on Monday alongside heavy pre-market trading of the transaction processing services company’s shares this morning. As of this writing, more than 1.9 million shares of OLB stock have changed hands.
OLB’s Market Performance
OLB Group Inc (OLB) has experienced a -17.79% fall in stock performance for the past week, with a -30.91% drop in the past month, and a -48.42% drop in the past quarter. The volatility ratio for the week is 48.97%, and the volatility levels for the past 30 days are at 25.25% for OLB. The simple moving average for the past 20 days is -10.96% for OLB’s stock, with a -43.88% simple moving average for the past 200 days.
OLB Trading at -31.00% from the 50-Day Moving Average
After a stumble in the market that brought OLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.50% of loss for the given period.
Volatility was left at 25.25%, however, over the last 30 days, the volatility rate increased by 48.97%, as shares sank -31.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.80% lower at present.
During the last 5 trading sessions, OLB fell by -17.79%, which changed the moving average for the period of 200-days by -61.57% in comparison to the 20-day moving average, which settled at $4.3100. In addition, OLB Group Inc saw -63.02% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OLB starting from YAKOV RONNY, who purchase 784,212 shares at the price of $0.77 back on Jan 16 ’24. After this action, YAKOV RONNY now owns 5,409,701 shares of OLB Group Inc, valued at $600,001 using the latest closing price.
Smith Patrick G, the Vice President of OLB Group Inc, purchase 392,106 shares at $0.77 during a trade that took place back on Jan 16 ’24, which means that Smith Patrick G is holding 642,929 shares at $300,000 based on the most recent closing price.
Stock Fundamentals for OLB
Current profitability levels for the company are sitting at:
- -0.35 for the present operating margin
- 0.13 for the gross margin
The net margin for OLB Group Inc stands at -0.77. The total capital return value is set at -0.85. Equity return is now at value -98.91, with -79.40 for asset returns.
Based on OLB Group Inc (OLB), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 4.95. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -29.23.
Currently, EBITDA for the company is -3.85 million with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 35.1for trailing twelve months and the total asset turnover is 1.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.25.
Conclusion
To put it simply, OLB Group Inc (OLB) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
