Oblong Inc (OBLG): What Makes The Stock Attractive?

Oblong Inc (NASDAQ:OBLG) has a beta value of 3.27 and has seen 1.05 million shares traded in the last trading session. The company, currently valued at $4.94M, closed the last trade at $0.18 per share which meant it lost -$0.01 on the day or -5.20% during that session. The OBLG stock price is -755.56% off its 52-week high price of $1.54 and 44.44% above the 52-week low of $0.10. The 3-month trading volume is 6.34 million shares.

Oblong Inc (NASDAQ:OBLG) trade information

Sporting -5.20% in the red in last session, the stock has traded in the green over the last five days, when the OBLG stock price touched $0.18 or saw a rise of 19.54%. Year-to-date, Oblong Inc shares have moved -10.76%, while the 5-day performance has seen it change 2.26%. Over the past 30 days, the shares of Oblong Inc (NASDAQ:OBLG) have changed -22.84%.

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Oblong Inc (OBLG) estimates and forecasts

The company’s shares have lost -6.06% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.51% over the past 5 years.

OBLG Dividends

Oblong Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.