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

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.

Key Stats

• Today's Range: $2.20 to $2.35
• 50-Day Range: $1.80 to $2.97
• 52-Week Range: $1.74 to $11.70
• Volume: 23,871 shs
• Average Volume: 17,530 shs
• Market Capitalization: $3.96 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

The OLB Group Stock Analysis - MarketRank™

The OLB Group scored higher than 12% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for The OLB Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of The OLB Group is -0.37, 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 -0.37, 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 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.59% 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 0.8, 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 56.10%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.59% 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 0.8, 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 56.10%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.31

News Sentiment

The OLB Group has a news sentiment score of -0.31. 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 0.40 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for The OLB Group this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

OLB Stock Analysis - Frequently Asked Questions

How have OLB shares performed this year?

The OLB Group's stock was trading at $10.60 on January 1st, 2024. Since then, OLB stock has decreased by 79.2% and is now trading at $2.20.
View the best growth stocks for 2024 here.

How were The OLB Group's earnings last quarter?

The OLB Group, Inc. (NASDAQ:OLB) released its earnings results on Wednesday, August, 14th. The company reported ($1.49) earnings per share for the quarter. The company earned $3.52 million during 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%.

When did The OLB Group's stock split?

Shares of The OLB Group reverse split on 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 closing bell 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.

How do I buy shares of The OLB Group?

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.

What other stocks do shareholders of The OLB Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The OLB Group investors own include Meta Platforms (META), Teladoc Health (TDOC), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Tencent (TCEHY) and Taiwan Semiconductor Manufacturing (TSM).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/23/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Business services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:OLB
• CUSIP: N/A
• CIK: 1314196
• Web: www.olb.com
• Phone: (212) 278-0900
• Fax: N/A
• Employees: 2,018
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($5.93)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-23,180,000.00
• Net Margins: -110.49%
• Pretax Margin: -111.03%
• Return on Equity: -161.91%
• Return on Assets: -110.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.07
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: $30.57 million
• Price / Sales: 0.13
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.05 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 1,800,000
• Free Float: 1,149,000
• Market Cap: $3.96 million
• Optionable: Not Optionable
• Beta: 2.35