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S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
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NASDAQ:OBLN - Obalon Therapeutics Stock Price, Forecast & News

$1.90
-0.03 (-1.55 %)
(As of 01/20/2020 04:00 PM ET)
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Compare
Today's Range
$1.86
Now: $1.90▼
$1.93
50-Day Range
$1.75
MA: $1.85▼
$1.93
52-Week Range
$1.52
Now: $1.90▼
$23.30
Volume146,814 shs
Average Volume215,112 shs
Market Capitalization$14.61 million
P/E RatioN/A
Dividend YieldN/A
Beta-4.67
Obalon Therapeutics, Inc, a vertically integrated medical device company, focuses on developing and commercializing medical devices to treat people who are obese and overweight. The company offers the Obalon balloon system designed to provide weight loss in obese patients. Obalon Therapeutics, Inc was founded in 2008 and is headquartered in Carlsbad, California.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:OBLN
Previous Symbol
CUSIPN/A
CIK1427570
Webhttp://www.obalon.com/
Phone844-362-2566

Debt

Debt-to-Equity Ratio0.03
Current Ratio5.72
Quick Ratio5.20

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.10 million
Price / Sales1.61
Cash FlowN/A
Price / Cash FlowN/A
Book Value$5.57 per share
Price / Book0.34

Profitability

EPS (Most Recent Fiscal Year)($19.60)
Net Income$-37,380,000.00
Net Margins-607.48%
Return on Equity-228.96%
Return on Assets-103.25%

Miscellaneous

Employees100
Outstanding Shares7,690,000
Market Cap$14.61 million
Next Earnings Date2/28/2020 (Estimated)
OptionableOptionable

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Obalon Therapeutics (NASDAQ:OBLN) Frequently Asked Questions

What is Obalon Therapeutics' stock symbol?

Obalon Therapeutics trades on the NASDAQ under the ticker symbol "OBLN."

When did Obalon Therapeutics' stock split? How did Obalon Therapeutics' stock split work?

Shares of Obalon Therapeutics reverse split on Thursday, July 25th 2019. The 1-10 reverse split was announced on Wednesday, July 24th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, July 24th 2019. An investor that had 100 shares of Obalon Therapeutics stock prior to the reverse split would have 10 shares after the split.

How were Obalon Therapeutics' earnings last quarter?

Obalon Therapeutics Inc (NASDAQ:OBLN) released its quarterly earnings data on Friday, November, 8th. The company reported ($0.61) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($3.50) by $2.89. The business earned $0.33 million during the quarter, compared to analyst estimates of $2.20 million. Obalon Therapeutics had a negative return on equity of 228.96% and a negative net margin of 607.48%. View Obalon Therapeutics' Earnings History.

When is Obalon Therapeutics' next earnings date?

Obalon Therapeutics is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Obalon Therapeutics.

What price target have analysts set for OBLN?

4 equities research analysts have issued 1-year price targets for Obalon Therapeutics' stock. Their forecasts range from $10.00 to $30.00. On average, they anticipate Obalon Therapeutics' stock price to reach $20.63 in the next twelve months. This suggests a possible upside of 985.5% from the stock's current price. View Analyst Price Targets for Obalon Therapeutics.

What is the consensus analysts' recommendation for Obalon Therapeutics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Obalon Therapeutics in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Obalon Therapeutics.

What are Wall Street analysts saying about Obalon Therapeutics stock?

Here are some recent quotes from research analysts about Obalon Therapeutics stock:
  • 1. According to Zacks Investment Research, "Obalon Therapeutics, Inc. is a medical device company. It focused on developing and commercializing medical devices to treat obese and overweight. The company's product consists of Obalon balloon system, the first swallowable, gas-filled intragastric balloon designed to provide progressive and sustained weight loss in obese patients. Obalon Therapeutics, Inc. is based in San Diego, California. " (1/18/2020)
  • 2. Northland Securities analysts commented, "We worry that it is only a question of time…… the company commentary this morning was spent on transitioning to the new brick & mortar business model." (7/24/2019)

Has Obalon Therapeutics been receiving favorable news coverage?

Media headlines about OBLN stock have trended neutral on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Obalon Therapeutics earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Obalon Therapeutics.

Who are some of Obalon Therapeutics' key competitors?

What other stocks do shareholders of Obalon Therapeutics own?

Who are Obalon Therapeutics' key executives?

Obalon Therapeutics' management team includes the folowing people:
  • Mr. Andrew P. Rasdal, Exec. Chairman (Age 61)
  • Dr. Kelly Huang Ph.D., CEO, Pres & Director (Age 50)
  • Mr. William John Plovanic CFA, CFO & Sec. (Age 50)
  • Mr. Mark C. Brister, Chief Technology Officer (Age 57)
  • Ms. Daina Schmidt, VP of Marketing

When did Obalon Therapeutics IPO?

(OBLN) raised $75 million in an initial public offering on Thursday, October 6th 2016. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. UBS Investment Bank, Canaccord Genuity and Stifel served as the underwriters for the IPO and BTIG was co-manager.

How do I buy shares of Obalon Therapeutics?

Shares of OBLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Obalon Therapeutics' stock price today?

One share of OBLN stock can currently be purchased for approximately $1.90.

How big of a company is Obalon Therapeutics?

Obalon Therapeutics has a market capitalization of $14.61 million and generates $9.10 million in revenue each year. The company earns $-37,380,000.00 in net income (profit) each year or ($19.60) on an earnings per share basis. Obalon Therapeutics employs 100 workers across the globe.View Additional Information About Obalon Therapeutics.

What is Obalon Therapeutics' official website?

The official website for Obalon Therapeutics is http://www.obalon.com/.

How can I contact Obalon Therapeutics?

Obalon Therapeutics' mailing address is 5421 Avenida Encinas Suite F, Carlsbad CA, 92008. The company can be reached via phone at 844-362-2566 or via email at [email protected]


MarketBeat Community Rating for Obalon Therapeutics (NASDAQ OBLN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  466
MarketBeat's community ratings are surveys of what our community members think about Obalon Therapeutics and other stocks. Vote "Outperform" if you believe OBLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OBLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2020 by MarketBeat.com Staff

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