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NYSE:OBLG

Oblong (OBLG) Stock Price, News & Analysis

$3.70
-0.07 (-1.86%)
(As of 10/10/2024 ET)

About Oblong Stock (NYSE:OBLG)

Key Stats

Today's Range
$3.60
$3.82
50-Day Range
$0.09
$6.54
52-Week Range
$2.81
$17.20
Volume
33,063 shs
Average Volume
318,887 shs
Market Capitalization
$75.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Oblong, Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also provides managed videoconferencing services; and remote service management, which offers an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it provides network solutions, including Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. The company serves a range of industries comprising aerospace, consulting, executive search, broadcast media, legal, insurance, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and others, as well as government sector. Oblong, Inc. is based in Denver, Colorado.

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OBLG Stock News Headlines

Oblong (NYSE:OBLG) Stock Price Up 0.8% - Time to Buy?
We recommended Nvidia in 2016, now we’re recommending this…
The AI boom is just getting started. And the real wealth has still to be made…
Why Oblong Shares Are Trading Higher Today
How Is The Market Feeling About Oblong?
Oblong Inc (4HZ0.BE)
See More Headlines

OBLG Stock Analysis - Frequently Asked Questions

Oblong's stock was trading at $0.1980 on January 1st, 2024. Since then, OBLG stock has increased by 1,768.7% and is now trading at $3.70.
View the best growth stocks for 2024 here
.

Oblong, Inc. (NYSE:OBLG) issued its quarterly earnings results on Wednesday, August, 7th. The company reported ($1.60) earnings per share for the quarter. The company earned $0.61 million during the quarter. Oblong had a negative trailing twelve-month return on equity of 78.25% and a negative net margin of 138.72%.

Shares of OBLG 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Oblong investors own include NVIDIA (NVDA), Sangamo Therapeutics (SGMO), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL) and ServiceNow (NOW).

Company Calendar

Last Earnings
8/07/2024
Today
10/10/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Employees
50
Year Founded
N/A

Profitability

Net Income
$-4,380,000.00
Net Margins
-138.72%
Pretax Margin
-138.78%

Debt

Sales & Book Value

Annual Sales
$3.05 million
Book Value
$13.19 per share

Miscellaneous

Free Float
20,084,000
Market Cap
$75.06 million
Optionable
Not Optionable
Beta
3.20
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This page (NYSE:OBLG) was last updated on 10/11/2024 by MarketBeat.com Staff
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