Oblong (OBLG) Stock Price, News & Analysis

Company Overview

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. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also provides managed videoconferencing services; and remote service management, which offers an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it provides network solutions, including Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. The company serves a range of industries comprising aerospace, consulting, executive search, broadcast media, legal, insurance, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and others, as well as government sector. Oblong, Inc. is based in Denver, Colorado.

Key Stats

• Today's Range: $3.56 to $3.97
• 50-Day Range: $3.39 to $6.54
• 52-Week Range: $2.81 to $14.82
• Volume: 33,842 shs
• Average Volume: 62,596 shs
• Market Capitalization: $4.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OBLG Stock Analysis - Frequently Asked Questions

How have OBLG shares performed this year?

Oblong's stock was trading at $0.1980 at the beginning of 2024. Since then, OBLG shares have increased by 1,804.0% and is now trading at $3.77.
View the best growth stocks for 2024 here.

How were Oblong's earnings last quarter?

Oblong, Inc. (NYSE:OBLG) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.04. The company earned $1.80 million during the quarter, compared to analyst estimates of $1.99 million. Oblong had a negative net margin of 158.75% and a negative trailing twelve-month return on equity of 89.12%.

How do I buy shares of Oblong?

Shares of OBLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Oblong own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Oblong investors own include NVIDIA (NVDA), Sangamo Therapeutics (SGMO), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NYSE:OBLG
• CUSIP: N/A
• CIK: 746210
• Web: www.oblong.com
• Phone: (303) 640-3838
• Fax: 908-464-2482
• Employees: 50
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,380,000.00
• Net Margins: -158.75%
• Pretax Margin: -158.83%
• Return on Equity: -89.12%
• Return on Assets: -69.64%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.53
• Quick Ratio: 4.98

Sales & Book Value

• Annual Sales: $3.81 million
• Price / Sales: 1.13
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.08 per share
• Price / Book: 0.92

Miscellaneous

• Outstanding Shares: 1,140,000
• Free Float: 1,083,000
• Market Cap: $4.30 million
• Optionable: Not Optionable
• Beta: 3.21