Oblong Inc Stock Price on June 12, 2024

OBLG Stock  USD 2.22  0.11  4.72%   
If you're considering investing in Oblong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oblong stands at 2.22, as last reported on the 16th of April 2025, with the highest price reaching 2.45 and the lowest price hitting 2.02 during the day. Oblong Inc maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Oblong Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oblong's Risk Adjusted Performance of (0.19), variance of 23.98, and Coefficient Of Variation of (821.23) to confirm the risk estimate we provide.
At this time, Oblong's Preferred Stock And Other Adjustments is most likely to increase significantly in the upcoming years. The Oblong's current Stock Based Compensation To Revenue is estimated to increase to 0.03, while Liabilities And Stockholders Equity is projected to decrease to roughly 5 M. . At this time, Oblong's Price Fair Value is most likely to drop in the upcoming years. Oblong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
0.6391
Enterprise Value Ebitda
0.0234
Price Sales
1.0758
Shares Float
988.6 K
Wall Street Target Price
15

Related Headline

EPlus Headline on 12th of June 2024

Filed transaction by ePlus inc Director, Officer Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Oblong Valuation on June 12, 2024

It is possible to determine the worth of Oblong on a given historical date. On June 12, 2024 Oblong was worth 7.24 at the beginning of the trading date compared to the closed value of 7.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oblong stock. Still, in general, we apply an absolute valuation method to find Oblong's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oblong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oblong's related companies.
 Open High Low Close Volume
  8.00    9.20    7.80    8.04    84,252  
06/12/2024
  7.24    7.46    6.40    7.20    75,002  
  7.02    7.06    6.44    6.78    39,197  
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Open Value
7.24
7.2
Closing Value
22.38
Upside

Oblong Trading Date Momentum on June 12, 2024

On June 13 2024 Oblong Inc was traded for  6.78  at the closing time. The top price for the day was 7.06  and the lowest listed price was  6.44 . The trading volume for the day was 39.2 K. The trading history from June 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.83% . The trading delta at closing time against the current closing price is 6.94% .

Oblong Inc Fundamentals Correlations and Trends

By evaluating Oblong's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oblong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oblong financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Oblong Stock history

Oblong investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oblong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oblong Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oblong stock prices may prove useful in developing a viable investing in Oblong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding834 K875.7 K
Net Loss-19.7 M-18.8 M

Oblong Stock Technical Analysis

Oblong technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oblong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oblong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Oblong Period Price Range

Low
April 16, 2025
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High

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Oblong Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Oblong April 16, 2025 Market Strength

Market strength indicators help investors to evaluate how Oblong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oblong shares will generate the highest return on investment. By undertsting and applying Oblong stock market strength indicators, traders can identify Oblong Inc entry and exit signals to maximize returns

Oblong Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oblong's price direction in advance. Along with the technical and fundamental analysis of Oblong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oblong to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Oblong Stock analysis

When running Oblong's price analysis, check to measure Oblong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oblong is operating at the current time. Most of Oblong's value examination focuses on studying past and present price action to predict the probability of Oblong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oblong's price. Additionally, you may evaluate how the addition of Oblong to your portfolios can decrease your overall portfolio volatility.
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