With 1.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.64 million shares. The 52-week range on OBLG shows that it touched its highest point at $3.94 and its lowest point at $0.11 during that stretch. It currently has a 1-year price target of $15.00. Beta for the stock currently stands at 3.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OBLG was down-trending over the past week, with a drop of -2.96%, but this was down by -15.92% over a month. Three-month performance dropped to -19.14% while six-month performance fell -70.54%. The stock lost -91.49% in the past year, while it has lost -33.84% so far this year.
Float and Shares Shorts:
At present, 16.68 million OBLG shares are outstanding with a float of 16.55 million shares on hand for trading. On Feb 29, 2024, short shares totaled 35660.0, which was 0.21% higher than short shares on Jan 31, 2024. In addition to FBLG as the firm’s FibroBiologics, Inc., OBLG serves as its Oblong Inc.
Institutional Ownership:
Through their ownership of 2.33% of OBLG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OBLG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, OBLG has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and OBLG currently yields $0.00. In the past year, OBLG’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, OBLG has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.
