NASDAQ
OBLG

Oblong Inc

Software-Application
Technology

Prices are adjusted according to historical splits.

Oblong Inc Stock Price

Vitals

Today's Low:
$0.7011
Today's High:
$0.75
Open Price:
$0.75
52W Low:
$0.65
52W High:
$9.6765
Prev. Close:
$0.73
Volume:
157753

Company Statistics

Market Cap.:
$2.20 million
Book Value:
2.79
Revenue TTM:
$4.61 million
Operating Margin TTM:
-129.88%
Gross Profit TTM:
$1.55 million
Profit Margin:
-230.99%
Return on Assets TTM:
-31.89%
Return on Equity TTM:
-108.88%

Company Profile

Oblong Inc had its IPO on 1995-06-19 under the ticker symbol OBLG.

The company operates in the Technology sector and Software-Application industry. Oblong Inc has a staff strength of 22 employees.

Stock update

Shares of Oblong Inc opened at $0.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.7 - $0.75, and closed at $0.73.

This is a +0.4% increase from the previous day's closing price.

A total volume of 157,753 shares were traded at the close of the day’s session.

In the last one week, shares of Oblong Inc have slipped by -2.28%.

Oblong Inc's Key Ratios

Oblong Inc has a market cap of $2.20 million, indicating a price to book ratio of 1.1164 and a price to sales ratio of 0.8723.

In the last 12-months Oblong Inc’s revenue was $4.61 million with a gross profit of $1.55 million and an EBITDA of $-5131000. The EBITDA ratio measures Oblong Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Oblong Inc’s operating margin was -129.88% while its return on assets stood at -31.89% with a return of equity of -108.88%.

In Q2, Oblong Inc’s quarterly earnings growth was a negative -45.6% while revenue growth was a negative 28.3%.

Oblong Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-5.51 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Oblong Inc’s profitability.

Oblong Inc stock is trading at a EV to sales ratio of 0.2603 and a EV to EBITDA ratio of -0.0862. Its price to sales ratio in the trailing 12-months stood at 0.8723.

Oblong Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.87 million
Total Liabilities
$1.20 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

Oblong Inc ended 2024 with $8.87 million in total assets and $0 in total liabilities. Its intangible assets were valued at $8.87 million while shareholder equity stood at $7.62 million.

Oblong Inc ended 2024 with $0 in deferred long-term liabilities, $1.20 million in other current liabilities, -181000.00 in common stock, $-226115000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $6.87 million and cash and short-term investments were $6.87 million. The company’s total short-term debt was $68,000 while long-term debt stood at $0.

Oblong Inc’s total current assets stands at $8.35 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $244000.00 compared to accounts payable of $136000.00 and inventory worth $402000.00.

In 2024, Oblong Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Oblong Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.73
52-Week High
$9.6765
52-Week Low
$0.65
Analyst Target Price
$

Oblong Inc stock is currently trading at $0.73 per share. It touched a 52-week high of $9.6765 and a 52-week low of $9.6765. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.04 and 200-day moving average was $1.78 The short ratio stood at 0.21 indicating a short percent outstanding of 0%.

Around 664.7% of the company’s stock are held by insiders while 2054% are held by institutions.

Frequently Asked Questions About Oblong Inc

The stock symbol (also called stock or share ticker) of Oblong Inc is OBLG

The IPO of Oblong Inc took place on 1995-06-19

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About

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. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services. 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 Conifer, Colorado.

Address

25587 Conifer Road, Conifer, CO, United States, 80433