Oblong Inc Stock Today
| OBLG Stock | USD 0.30 0.01 3.45% |
Performance13 of 100
| Odds Of DistressLess than 41
|
Oblong is trading at 0.2993 as of the 7th of June 2024. This is a -3.45 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.3. Oblong has about a 41 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Oblong Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 7th of June 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 20.29 M outstanding shares of which 252.73 K shares are now shorted by private and institutional investors with about 0.17 trading days to cover. More on Oblong Inc
Moving against Oblong Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Oblong Stock Highlights
| 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
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Oblong 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Oblong Inc (OBLG) is traded on NASDAQ Exchange in USA. It is located in 25587 Conifer Road, Conifer, CO, United States, 80433 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 5.67 M. Oblong Inc conducts business under Software sector and is part of Information Technology industry. The entity has 20.29 M outstanding shares of which 252.73 K shares are now shorted by private and institutional investors with about 0.17 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.
Check Oblong Probability Of Bankruptcy
Ownership AllocationOblong owns a total of 20.29 Million outstanding shares. Roughly 97.0 pct. of Oblong outstanding shares are held by general public with 0.6 % owned by insiders and only 2.04 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Oblong Ownership Details
Oblong Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Acadian Asset Management Llc | 2024-03-31 | 0.0 | |
| Millennium Management Llc | 2024-12-31 | 0.0 | |
| Anson Funds Management Lp | 2023-12-31 | 0.0 | |
| Two Sigma Securities, Llc | 2023-12-31 | 0.0 | |
| Goldman Sachs Group Inc | 2023-12-31 | 94.3 K | |
| Vanguard Group Inc | 2024-03-31 | 45.4 K | |
| Renaissance Technologies Corp | 2023-12-31 | 41.3 K | |
| Jane Street Group, Llc | 2023-12-31 | 38.3 K | |
| Virtu Financial Llc | 2024-03-31 | 38.2 K | |
| Tower Research Capital Llc | 2023-12-31 | 9.6 K | |
| Goss Wealth Management Llc | 2023-12-31 | 7.1 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 |
Additional Information and Resources on Investing in Oblong Stock
When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports: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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 (0.45) | Revenue Per Share 0.363 | Quarterly Revenue Growth (0.40) | Return On Assets (0.47) |
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.