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NASDAQ:OLB

The OLB Group (OLB) Stock Price, News & Analysis

$2.50
-0.27 (-9.75%)
(As of 10/4/2024 ET)

About The OLB Group Stock (NASDAQ:OLB)

Key Stats

Today's Range
$2.50
$2.74
50-Day Range
$1.78
$2.97
52-Week Range
$1.74
$11.70
Volume
4,944 shs
Average Volume
17,093 shs
Market Capitalization
$4.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

The OLB Group, Inc. is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. The Company's eCommerce platform delivers e-commerce services for a digital commerce solution to over 10,500 merchants in all 50 states. The Company’s wholly owned subsidiary, DMINT, Inc, is engaged in the mining of Bitcoin utilizing low carbon natural gas with over 1,000 application-specific integrated circuit (ASIC)-based S19j Pro 96T mining computers. www.olb.com and www.olb.com/investors-data.

The OLB Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
11th Percentile Overall Score

OLB MarketRank™: 

The OLB Group scored higher than 11% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The OLB Group is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The OLB Group is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    The OLB Group has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about The OLB Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.38% of the float of The OLB Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The OLB Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The OLB Group has recently increased by 5.13%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    The OLB Group does not currently pay a dividend.

  • Dividend Growth

    The OLB Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.38% of the float of The OLB Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The OLB Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The OLB Group has recently increased by 5.13%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    The OLB Group has a news sentiment score of -0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for The OLB Group this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, The OLB Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    36.10% of the stock of The OLB Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 3.84% of the stock of The OLB Group is held by institutions.

  • Read more about The OLB Group's insider trading history.
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OLB Stock News Headlines

Football: Central Group I final at a glance
Next opportunity for crypto millions
The floodgates have opened. Bitcoin and Ethereum ETFs are seeing record-breaking inflows, the biggest since they first opened to investors. Wall Street is finally embracing crypto. But most investors are missing the real goldmine…
See More Headlines

OLB Stock Analysis - Frequently Asked Questions

The OLB Group's stock was trading at $10.60 on January 1st, 2024. Since then, OLB shares have decreased by 76.4% and is now trading at $2.50.
View the best growth stocks for 2024 here
.

The OLB Group, Inc. (NASDAQ:OLB) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($1.49) EPS for the quarter. The business had revenue of $3.52 million for the quarter. The OLB Group had a negative net margin of 110.49% and a negative trailing twelve-month return on equity of 161.91%.

The OLB Group's stock reverse split on the morning of Monday, May 6th 2024. The 1-10 reverse split was announced on Monday, May 6th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Shares of OLB 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.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/14/2024
Today
10/06/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:OLB
Fax
N/A
Employees
2,018
Year Founded
N/A

Profitability

Net Income
$-23,180,000.00
Net Margins
-110.49%
Pretax Margin
-111.03%

Debt

Sales & Book Value

Annual Sales
$22.62 million
Book Value
$8.05 per share

Miscellaneous

Free Float
1,157,000
Market Cap
$4.53 million
Optionable
Not Optionable
Beta
2.35
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This page (NASDAQ:OLB) was last updated on 10/6/2024 by MarketBeat.com Staff
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