Oblong Inc Stock Today
OBLG Stock | USD 3.51 0.02 0.57% |
Performance4 of 100
| Odds Of DistressLess than 10
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Oblong is trading at 3.51 as of the 28th of November 2024. This is a 0.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.42. Oblong has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Oblong Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 19th of June 1995 | Category Technology | Classification Information Technology |
Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services and resells video equipment to its customers. The company has 1.14 M outstanding shares of which 16.75 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover. More on Oblong Inc
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Oblong Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
President Board | Peter Holst | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsOblong can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Oblong's financial leverage. It provides some insight into what part of Oblong's total assets is financed by creditors.
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Oblong Inc (OBLG) is traded on NASDAQ Exchange in USA. It is located in 110 16th Street, Denver, CO, United States, 80202 and employs 17 people. Oblong is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.69 M. Oblong Inc conducts business under Software sector and is part of Information Technology industry. The entity has 1.14 M outstanding shares of which 16.75 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover.
Oblong Inc currently holds about 5.11 M in cash with (2.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
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Ownership AllocationRoughly 99.06 pct. of Oblong outstanding shares are held by general public with 0.16 % owned by insiders and only 0.78 (%) by third-party entities.
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Oblong Stock Institutional Holders
Instituion | Recorded On | Shares | |
Stone House Investment Management, Llc | 2024-09-30 | 1.0 | |
Ncp Inc. | 2024-09-30 | 1.0 | |
Goldman Sachs Group Inc | 2024-06-30 | 0.0 | |
Citadel Advisors Llc | 2024-09-30 | 0.0 | |
Scientech Research Llc | 2024-09-30 | 0.0 | |
Vanguard Group Inc | 2024-09-30 | 0.0 | |
Geode Capital Management, Llc | 2024-09-30 | 0.0 | |
Xtx Topco Ltd | 2024-06-30 | 0.0 | |
Hrt Financial Llc | 2024-06-30 | 153.8 K | |
Ubs Group Ag | 2024-06-30 | 123.1 K | |
Two Sigma Securities, Llc | 2024-06-30 | 76.4 K |
Oblong Historical Income Statement
Oblong Stock Against Markets
Oblong Corporate Management
David Clark | Treasurer CFO | Profile | |
Kevin Parent | VP Solutions | Profile | |
Michael Brown | Chief Officer | Profile | |
Mary Norris | VP EMEA | Profile | |
Sam Moore | Senior Operations | Profile | |
Stewart Armstrong | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oblong. If investors know Oblong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oblong listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 11.14 | Revenue Per Share 5.319 | Quarterly Revenue Growth (0.34) | Return On Assets (0.38) |
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oblong's market value can be influenced by many factors that don't directly affect Oblong's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.